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Tag: Ordinance Factory Board

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Govt dissolves OFB, transfers employees and assets to 7 PSUs

Source: Business Standard The 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 Continue Reading

Posted On : October 1, 2021 Published By : Shantanu K. Bansal
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  • Policy Excerpts

OFB overhaul: Awakening the giant within

In a commendable move, the Government tackled this issue by corporatizing the OFB on one hand while an assurance given by the Defence Minister to the 70,000 OFB employees that their service conditions will remain the same.

Posted On : June 20, 2021 Published By : Dr. Biplab Rath

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