Finance management course for airforce officers

Last Updated: Monday, July 11, 2011 - 19:45

Shillong: Fund controllers at the IAF’s
Eastern Air Command here on Monday began a three-day financial
management course which intends to provide the officers an
insight into both macro and micro level issues of defence
budgeting.

At the inaugural session, Air Officer Commanding in
Chief of Eastern Air Command, Air Marshal KK Nohwar,
elaborated on the growing defence budget allocation in the
last five years and the need to train officers in strictly
following the rules to ensure utilization of allotments.

"Optimum utilization of allotments will ensure a high
level of operational preparedness," Nohwar said.

Laying emphasis on budgeting in the Indian Air Force,
the course also highlighted certain key issues pertaining to
defence procurement manual and performance audit.

PTI



First Published: Monday, July 11, 2011 - 19:45

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