The Defence Ministry on Friday clarified that there was no proposal to privatise the Ordnance Factory Board (OFB). It said the government is considering plans to turn the OFBs into public sector units fully owned by the Defence Ministry.
That would come as a relief for workers of ordnance factories across the country who have been agitating against the proposal. Only last month, West Bengal Chief Minister Mamata Banerjee had written to Prime Minister Narendra Modi over the issue of corporatisation and privatisation of ordnance factories in Kolkata.Read More…
