Are Ordnance Factories Privatised?
In one of their first representations to the defence minister in 2019, they said that converting the ordnance factories into a corporation was commercially unviable, and that “the experience of the past two decades is that corporatisation is a route to privatisation”.
What happened to Ordnance Factory?
Ordnance Factory Board to be dissolved today, employees retain service conditions. Although the nearly 70,000 employees of the Ordnance Factory Board are being transferred to these new PSUs, there will be no change in their service conditions, defence minister Rajnath Singh clarified.
What is the salary of Ordnance Factory?
The average Ordnance Factory salary ranges from approximately ₹0.7 Lakhs per year for a Trainee to ₹ 8.5 Lakhs per year for a Junior Works Manager.
What is the meaning of Ordnance Factory?
a factory that makes military weapons and ammunition.
What is made in Ordnance Factory?
Products. The type of ordnance material produced is very diverse, including various small arms to missiles, rockets, bombs, grenades, military vehicles, armoured vehicles, chemicals, optical devices, parachutes, mortars, artillery pieces plus all associated ammunition, propellants, explosives and fuses.
Who owned Ordnance Factory?
the government
WHAT IT MEANS? The OFB controls 41 factories employing over 70,000 employees. It has an annual turnover of about Rs 19,000 crore. All of this will be split into seven Defence Public Sector Units (DPSUs), fully owned by the government.
How many ordnance Factorys are there in Maharashtra?
| Sl. No. | States/UTs | Ordnance Factory. UNIT |
|---|---|---|
| 3. | Maharashtra | Ordnance Factory Bhandara (OFBa) |
| 4. | Maharashtra | Machine Tool Prototype Factory (MTPF) |
| 5. | Maharashtra | Ordnance Factory Ambarnath (OFA) |
| 6. | Maharashtra | Ordnance Factory Ambajhari (OFAJ) |
What is the salary of Ordnance Factory Trade Apprentice?
Trade Apprentice salary in Ordnance Factory ranges between ₹ 1 Lakhs to ₹ 1.3 Lakhs. This is an estimate based on salaries received from employees of Ordnance Factory.
How many ordnance factories are operational in India?
41 ordnance factories
Around 70,000 people are working at 41 ordnance factories located around the country.
How many ordnance factories operate in India?
41 ordinance factories
There are a total of 41 ordinance factories in India situated at 24 different location all over the country. Indian Ordnance Factories is a giant industrial setup which functions under the Department of Defence Production of the Ministry of Defence.
Should the Ordnance Factory Board (OFB) be corporated?
Corporatisation of the Ordnance Factory Board will bring about competitiveness, improve efficiency, quality and accountability. Nothing speaks more about the priorities of the leadership of the Ordnance Factory Board (OFB) than its threat to go on a strike in the middle of a national security crisis.
Why is the Kolkata-headquartered Ordnance Factory Board on a month-long strike?
Three national-level trade unions of employees and workers of 41 Indian ordnance factories under the Kolkata-headquartered Ordnance Factory Board (OFB) have announced that they will go on a month-long strike from August 20 in protest against the Centre’s likely decision to corporatise and privatise all units.
Is OFB doing enough to improve its defence production record?
While OFB has actively pushed back against plans for corporatisation, it has done little to improve its abysmal record on defence production over the years. The Comptroller and Auditor General (CAG), in a 2019 report, pointed out that in 2017-18 OFB achieved the production targets for only 49 per cent of items.