Am I reading "BAKCH" ? What I'm comming up with under that name, has to do with Army corps or Jeep.Maybe a closer pic to see it a little better? That, is a cool find by the way
Yes, it is Komsomol Badge. The text is an abbreviation for:
All-Union Leninist Young Communist League
Всесоюзный Ленинский Коммунистический Союз Молодёжи