Government assures safeguarding interests of Ordnance Factory employees
The Hindu
“The government has ensured safeguarding the interests of the employees of Ordnance Factory Board post corporatisation of the OFB,” Minister of State for Defence Ajay Bhatt said in Rajya Sabha.
The government on Monday said it has ensured that the interests of employees of the Ordnance Factory Board (OFB) are safeguarded after it is split into seven State-owned entities as part of the organisation’s restructuring. In a significant reform initiative, the government in June approved a long-pending proposal to restructure the OFB that operates 41 ammunition and military equipment production facilities across the country to improve its efficiency and competitiveness. “The government has ensured safeguarding the interests of the employees of Ordnance Factory Board (OFB) post corporatisation of the OFB,” Minister of State for Defence Ajay Bhatt said in Rajya Sabha.
The latest Household Consumption Expenditure Survey (HCES) by MoS&PI reveals a transformative shift in India’s economic landscape. For the first time in over a decade, granular data on Monthly Per Capita Expenditure (MPCE) highlights a significant decline in the proportional share of food spending—a classic validation of Engel’s Law as real incomes rise. Between 1999 and 2024, both rural and urban consumption pivoted away from staple-heavy diets toward protein-rich foods, health, education, and conveyance. As Indian households move beyond subsistence, these shifting Indian household spending patterns offer vital insights for social sector policy, poverty estimation, and the lived realities of an expanding middle-income population.












