"The nature of functioning of the department has changed over the last so many years. Time has come to change the name of the department from Defence Accounts Department to Defence Finance Department.
"We have sent the proposal finally (to the government) to change the name of the Defence Accounts Service to Defence Finance Service," Sunil Kohli, Controller General of Defence Accounts, said.
He was speaking at an event to mark the 270th Defence Accounts Service Day which was also attended by Defence Secretary G Mohan Kumar.
It traces its history to 1747, from the days of the British East India Company, and is one of the oldest civil services in the country.
The IDAS played a critical role in the implementation of the One Rank One Pension (OROP).
Kohli said the department has also sent another proposal to earmark budget which could be used for carrying out digitilisation and computerisation of the department in order to implement pensions in a better way.
Kohli said the service has evolved over the years and the demand for change of name was to convey the "right kind of job" done by the department.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
