Air India sale opens up a brighter future for aviation

Synopsis:  Disinvestment of Air India will benefit Indian economy. Introduction Recently, the Government of India has successfully disinvested 100 per cent of its stake in Air India, 100 per cent in the low-cost airline Air India Express Ltd and 50 per cent in the Air India SATS Airport Services Private Ltd. The move reflects the… Continue reading Air India sale opens up a brighter future for aviation

Explained: Dismantling the Ordnance Factory Board

What is the news? The government has decided to dissolve the Ordnance Factory Board (an umbrella body of 41 ordinance factories), which was set up in 1801. All of its units like staff, assets, others will be corporatized under 4 PSU’s. Must read: OFB Corporatisation” Approved by Cabinet About the defence committees and OFB Various… Continue reading Explained: Dismantling the Ordnance Factory Board

No Fundamental Right To Strike

Source: The Hindu Relevance: This article explains the Parliament’s Right to restrict the fundamental rights of the armed forces. Synopsis While the government seeks to reform the Ordnance Factory Board, the workers seem to stall the move by going on strikes. This article discusses the aspects of government bringing move to control these strikes Essential… Continue reading No Fundamental Right To Strike

Army gets upgraded 155mm artillery gun – Sharang

News:The Ordnance Factory Board (OFB) has handed over Sharang,an artillery gun to the Indian Army. Facts: About Sharang: Artillery is a class of heavy military ranged weapons built to launch munitions far beyond the range and power of infantry firearms. Sharang is an indigenously upgraded 155 mm calibre artillery gun. The hitting range of the… Continue reading Army gets upgraded 155mm artillery gun – Sharang

Govt to set up a committee to study corporatisation of Ordnance Factory Board

The government has decided to set up a high-level committee to recommend restructuring of the Ordnance Factory Board(OFB). The committee will recommend changes required at making the (a)OFB accountable and efficient (b)increase their production capacity and (c)ensure timely supply of products. This committee was formed as OFB with 41 factories functions under the Department of… Continue reading Govt to set up a committee to study corporatisation of Ordnance Factory Board