Performance of Ordnance Factory Board


The supply target vis-à-vis achievement of Ordnance Factory Board (OFB) during last three years is given below:
Year
RE Target
Achievement
%age
2012-13
12478
11975
96%
2013-14
11860
11123
94%
2014-15
11900
11364
96%

The factual data shows marginal shortfall, which is on account of reasons like delay in receipt of input from trade sources both indigenous and import origin, capacity constraints in some areas, non-realization of advance from Police units and civil market for arms and weapons, delay in indents for logistic vehicles, Non receipt of Bulk Production Clearance etc.

CAG audit has indicated instances of advance Issue of Vouchers.  These are, however, an exception.  The cases of Advance Issue Vouchers mentioned by CAG Audit have been examined in consultation with OFB for necessary corrective action.  Principal Controller of Accounts (Factories) has instructed branch Accounts Offices not to accept Issue Vouchers without dispatch details.  With the introduction of payment of Excise Duties (ED) by the Ordnance Factories on their products from 1st June, 2015, Issues of the items are linked with Excise Gate Pass thereby eliminating instances of Advance Issue Vouchers.

This information was given by Minister of State for Defence Rao Inderjit Singh in a written reply to Shri Ram Charitra Nishad in Lok Sabha today.

Source:http://www.pib.nic.in/newsite/erelease.aspx?relid=0







Related Posts

Post a Comment

Follow by Email

DISCLAIMER

The contents and information given in this blog are purely informative in nature and should not under any circumstances be taken as authority. All efforts had been made to ensure accuracy of the content on this (www.centralgovernmentemployees.com) blog. The same should not be construed as a statement of law or used for any legal purposes. centralgovernmentemployees.com accepts no responsibility in relation to the accuracy, completeness or otherwise, of the contents. Users are advised to verify/check any information with the relevant departments and to obtain any appropriate professional advice before acting on the information provided in the blog. We cannot guarantee the availability linked pages at all times.
Subscribe Our Newsletter