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Govt dissolves OFB, transfers employees and assets to 7 PSUs

New Delhi: 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. As part of the “Atmanirbhar Bharat” (self-reliant India) package, the central government had announced on May 16 last year that it […]