Trading company founded by Jean-Baptiste Colbert in 1664, and its successors, established to oversee French commerce with India, East Africa, and other territories of the Indian Ocean and the East Indies. In constant competition with the already-established Dutch East India Co., it mounted expensive expeditions that were often harassed by the Dutch. It also suffered in the French economic crash of 1720, and by 1740 the value of its trade with India was half that of the English East India Co. Its monopoly over French trade with India was ended in 1769, and it languished until its disappearance in the French Revolution.
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Trading company founded by the Dutch in 1602 to protect their trade in the Indian Ocean and to assist in their war of independence from Spain. The Dutch government granted it a trade monopoly in the waters between the Cape of Good Hope and the Straits of Magellan. Under the administration of forceful governors-general, it was able to defeat the British fleet and largely displace the Portuguese in the East Indies. It prospered through most of the 17th century but then began to decline as a trading and sea power; it was dissolved in 1799. Seealso East India Co., French East India Co.
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English chartered company formed for trade with East and Southeast Asia and India, incorporated in 1600. It began as a monopolistic trading body, establishing early trading stations at Surat, Madras (now Chennai), Bombay (Mumbai), and Calcutta (Kolkata). Trade in spices was its original focus; this broadened to include cotton, silk, and other goods. In 1708 it merged with a rival and was renamed the United Co. of Merchants of England Trading to the East Indies. Becoming involved in politics, it acted as the chief agent of British imperialism in India in the 18th–19th century, exercising substantial power over much of the subcontinent. The company's activities in China in the 19th century served as a catalyst for the expansion of British influence there; its financing of the tea trade with illegal opium exports led to the first Opium War (1839–42). From the late 18th century it gradually lost both commercial and political control; its autonomy diminished after two acts of Parliament (1773, 1774) established a regulatory board responsible to Parliament, though the act gave the company supreme authority in its domains. It ceased to exist as a legal entity in 1873. See also Dutch East India Co., French East India Co.
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The Supreme Command of the Armed Forces vests with the President of India. The responsibility for national defence rests with the Cabinet. This is discharged through the Ministry of Defence, which provides the policy framework and wherewithal to the Armed Forces to discharge their responsibilities in the context of the defence of the country. The Defence Minister is the head of the Ministry of Defence. The principal task of the Defence Ministry is to obtain policy directions of the Government on all defence and security related matters and communicate them for implementation to the Services Headquarters, Inter-Services Organisations, Production Establishments and Research and Development Organisations. It is also required to ensure effective implementation of the Government's policy directions and the execution of approved programmes within the allocated resources. Ministry of Defence comprises four Departments viz. Department of Defence (DOD), Department of Defence Production (DDP), Department of Defence Research & Development (DDR&D) and Department of Ex-Servicemen Welfare and also Finance Division.
A. K. Antony is the current defence minister.
With the Charter Act of 1833 the Secretariat of the Government of East India Company was reorganised into four Departments, including a Military Department, each headed by a Secretary to the Government. The Army in the Presidencies of Bengal, Bombay & Madras functioned as respective Presidency Army till April 1895, when the Presidency Armies were unified into a single Indian Army. For administrative convenience, it was divided into four Commands viz. Punjab (including the North West Frontier), Bengal, Madras (including Burma) and Bombay (including Sind, Quetta and Aden).
The supreme authority over the Indian Army vested in the Governor General-in-Council, subject to the Control of the Crown, which was exercised by the Secretary of State for India. Two Members in the Council were responsible for military affairs, one of whom was the Military Member, who supervised all administrative and financial matters, while the other was the Commander-in-Chief who was responsible for all operational matters. The Military Department was abolished in March 1906 and it was replaced by two separate Departments, the Army Department and the Military Supply Department. In April 1909 the Military Supply Department was abolished and its functions were taken over by the Army Department. The Army Department was redesignated as the Defence Department in January 1938. The Department of Defence became the Ministry of Defence under a Cabinet Minister in August 1947.
The Armed Forces are primarily responsible for ensuring the territorial integrity of the nation. The President of India is the Supreme Commander of the Armed Forces of the country. The Ministry of Defence, provides policy framework and wherewithal to the Armed Forces to discharge their responsibility in the context of the defence of the country.
The principal functions of all the Departments are as follows:
The Finance Division of the Ministry of Defence is headed by Secretary Defence (Finance). He exercises financial control over proposals involving expenditure from the Defence Budget and is responsible for internal audit and accounting of defence expenditure. In the latter tasks, he is assisted by the Controller General of Defence Accounts (CGDA).