Ordnance Factory Board Current Affairs, GK & News

Ordnance Factory Board

The Ordnance Factory Board (OFB) is the world’s largest government-owned and operated defense production organization. About the Ordnance Factory Board The Ordnance Factory Board is the oldest organization run by the Government of India. It is an industrial organization which functions under the Department of Defence Production of Ministry of Defence, Government of India. The ..

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India-Russia deals to procure AK-103 rifles

India and Russia have signed a deal to immediately procure AK-103 Rifles on August 20, 2021. Key points This deal was inked as a part of mega infantry modernisation programme. Under this programme, India is procuring a number of AK-103 series of assault rifles from Russia for the Indian Army. Deal was finalised under the ..

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Lok Sabha passes Essential Defence Services Bill-2021

Lok Sabha passed the Essential Defence Services Bill-2021 on August 3, 2021 that seeks to prevent workers of government-owned ordnance factories from going on strike to oppose corporatization of units. About Essential Defence Services Bill-2021 Bill gives power to the government to declare services mentioned in it as essential defence services. Cessation of work of ..

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Ordinance prohibiting strikes in Defence services

Law Ministry has notified Essential Defence Services Ordinance on June 30, 2021. This ordinance prohibits employees engaged in essential defence services from taking part in any agitation or strike. Why this ordinance was notified? Essential Defence Services Ordinance 2021 was notified in the backdrop of major federations affiliated with 76,000 employees of Ordnance Factory Board ..

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Defence Ministry places 10 lakh hand grenades order with private sector for the first time

On October 1, 2020, the Defence Ministry placed orders with a private firm for the first time. The order has been placed for the supply of 10 lakh hand grenades. These grenades will replace the vintage design grenades that are in use. So far, these products were either imported or made by the Ordnance factories. ..

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Defence Minister unveils 15 products developed by Defence PSUs

The Defence Minister Rajnath Singh has unveiled four products each by the Ordnance Factory Board and Bharat Earth Movers Limited, two by BEL and one each by HAL, BDL, MDL, GRSE and GSL. All these products have been developed as part of the ‘Atmanirbhar Bharat Week’ launched by the Defence Ministry. Details of the Products ..

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DPIIT revises Public Procurement Order to encourage Make in India

The Department of Promotion of Industry and Internal Trade (DPIIT) recently revised Public Procurement Order in order to provide preference to Make in India initiative. Highlights According to the order, DPIIT has prescribed minimum of 60% procurement of local content for the year 2020-21, 70% for the years 2021-23 and 80% for the years 2023-25. ..

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