Govt dissolves OFB, transfers employees and assets to 7 PSUs

[Cactus09]

defence ministry has dissolved the Ordnance Factory Board (OFB) with effect from October 1 and transferred its assets, employees and management to seven public sector units (PSUs), according to an official order.

As part of the "Atmanirbhar Bharat" (self-reliant India) package, the central government had announced on May 16 last year that it would improve autonomy, accountability and efficiency in ordnance supplies by corporatisation of the OFB.

In an order dated September 28, the defence ministry said: Government of India has decided to transfer, with effect from October 1, 2021, the management, control, operations and maintenance of these 41 production units and identified non-production units to seven government companies (wholly owned by the government of India).

Govt dissolves OFB, transfers employees and assets to 7 PSUs

The OFB is currently a defence ministry entity and supplies critical arms and ammunition to the three armed forces and the paramilitary

wap.business-standard.com

 

[Bleh]

Fucking finally!
Which are the 7 PSUs taking over?

 

[MIDKNIGHT FENERIR-00]

Fucking finally!
Which are the 7 PSUs taking over?

The name of the seven Defence PSUs (also called DPSUs) are Munition India Limited, Armoured Vehicles Nigam Limited, Advanced Weapons and Equipment India Limited, Troop Comforts Limited, Yantra India Limited, India Optel Limited and Gliders India Limited.

 

[asaffronladoftherisingsun]

The name of the seven Defence PSUs (also called DPSUs) are Munition India Limited, Armoured Vehicles Nigam Limited, Advanced Weapons and Equipment India Limited, Troop Comforts Limited, Yantra India Limited, India Optel Limited and Gliders India Limited.

DG OFB position will now be designated as Director-General of the Ordnance Directorate (Co-ordination and Services).

 

[samsaptaka]

Ideally all commies and similar roaches who wanted to go on strike during the time when chinka border trouble was going on should be fired as part of this move.

 

[The Shrike]

Would be interesting to see their financial reporting at the end of FY, will give a good indication as to which ones are operating in remotely close to viable and which ones are just rogzar yojanas for the politicians.

 

[Maharaj samudragupt]

Good bye ofb