What is the meaning of IOFS?

What is the meaning of IOFS?

Indian Ordnance Factories Service
The Indian Ordnance Factories Service (IOFS) is a civil service of the Government of India. IOFS officers are Gazetted (Group A) defence-civilian officers under the Ministry of Defence.

What is the qualification for IOFS?

Career in Indian Ordnance Factories Service: Eligibility. The aspirants need to complete 10+2 to become eligible for UG courses. The candidates require a bachelor’s degree to appear for the entrance examination. A bachelor’s degree in any discipline will be accepted.

What does Ordnance Factory do?

It was engaged in research, development, production, testing, marketing and logistics of a product range in the areas of air, land and sea systems….Ordnance Factory Board.

What is corporatisation of ordnance factory?

The corporatization of the Ordnance Factory Board (OFB) is expected to have long term benefits including improving the quality and delivery rate of defence items but in the short term, prices of most products being manufactured is expected to go up, a war gaming exercise by a team of experts suggests.

Is Ordnance Factory a PSU?

Prime Minister Narendra Modi will launch the seven new public sector undertakings (PSUs), created after the dissolution of the Ordnance Factory Board (OFB), later this week. The 41 units which were functional under the OFB will be subsumed under one or the other of the seven new companies.

What is the full form of IOF?

IOF – Indian Ordnance Factory.

What is the new name of Ordnance Factory?

The new companies are Munitions India Ltd (MIL), Armoured Vehicles Nigam Ltd (AVANI), Advanced Weapons and Equipment India Ltd (AWE India), Troop Comforts Ltd (TCL), Yantra India Ltd (YIL) and India Optel Ltd (IOL).

What will happen to Ordnance Factory employees?

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.

Is OFB Privatised?

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 to an official order.

What happened to Ordnance Factory?

Fast forward, in June 2021, the government announced its decision to split the OFB into seven defence public sector units (DPSU). The Union Cabinet approved the plan on 16 June this year and on 28 September, the government announced that the Ordnance Factory Board would cease to exist from 1 October.

What does ITF mean?

ITF

What is the of Israel?

Israeli Occupation Forces, a name widely used in Palestine and among pro-Palestinian groups in reference to the Israel Defense Forces.