Finance management course for airforce officers

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.