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Three-day defence financial management course begins in Chandigarh

Chandigarh, November 8 A three-day defence financial management course (DFMC) being organised by the Principal Controller of Defence Accounts (Western Command), Chandigarh, and Financial Planning (FP) Cell of Headquarters Western Command, Chandimandir, began here today. In his inaugural address, Lt...
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Chandigarh, November 8

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A three-day defence financial management course (DFMC) being organised by the Principal Controller of Defence Accounts (Western Command), Chandigarh, and Financial Planning (FP) Cell of Headquarters Western Command, Chandimandir, began here today.

In his inaugural address, Lt Gen Devendra Sharma, Chief of Staff, Western Command, emphasised the importance of better financial management by participating officers. He said the Defence Accounts Department had area expertise and hoped that all participating officers would benefit from specialised faculty on various issues of financial management in the Ministry of Defence.

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DR Negi, Principal Controller of Defence Accounts, highlighted the importance and need of this DFMC in view of the huge delegation of financial powers to Army units and formations. The main purpose of this course, he said, was to create awareness about latest financial management concepts, procurement procedures and process to ensure smooth and prompt action by all concerned in the larger interest of the organisation.

The course, coordinated by Panveer Saini, Joint Controller of Defence Accounts and Colonel Gagandeep of the FP Cell, was attended virtually by approximately 100 Army officers posted in different units and formations under the jurisdiction of Western Command. — TNS

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