Ministry of Defence

Financial Planning Conclave

Posted On: 20 SEP 2023 7:22PM by PIB Mumbai

Pune, 20 September 2023

 

Headquarters Southern Command conducted a Synergy Conclave on Financial Planning on 20 Sep 2023. First of its kind, the Conclave offered a single platform for the Officers of Army and Defence Accounts Departments PCSDA, CSDA and IFAs of the Command to cohesively progress towards common organisational interests. Largest amongst the Commands covering 41% of the National geographical area Financial Management throws typical challenges and thus alignment to the range of rigorous procurement policies and procedures holds the key to success. 

Speaking on the occasion Lt Gen AK Singh, AVSM, YSM, SM, VSM, GOC-in-C Southern Command commended the DAD team headed by Dr RS Chavan, PCDA for their dedication and hard work, working behind the scenes, ensuring that the defence forces have the resources they need to protect the nation. He highlighted the paramount importance of the advice of DAD officer's on financial probity and accountability and the synergised work with the Budget Holders of the Southern Command directly contributing to enhancing the operational effectiveness of the Command 

The Army Commander brought out that embracing technology can streamline processes, reduce errors, and provide real-time insights into financial operations and listed the numerous initiatives of financial reforms undertaken by Southern Command including the effective utilization of in-house developed Procurement Software, PrAS, on Army's own Secure Network  

The Army Commander stated that upholding high ethical standards is non-negotiable and we must act in a manner by putting the Nation's interests ahead of all. He emphasised that National security concerns are paramount and hence while dealing with micro issues, macro issues to be kept in mind and intent should be paramount.

He urged the audience to remain vigilant, adaptable, and committed to excellence and asked all to harmonise efforts by sharing best practices. He expressed confidence that all the stakeholders will continue to serve the organisation with honour and distinction.

 

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PIB Pune | M.Iyengar/D.Rane

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