OPV Vikram:  first defence vessel built in private shipyard 

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Larsen and Toubro (L&T) handed over offshore patrol vessel (OPV) named “Vikram” to the Indian Coast Guard. It is country’s first-ever such defence vessel to be built in a private shipyard.

 The vessel was indigenously developed in-house at L&T’s Kattupalli shipyard. Its entire design and construction processes have undergone dual certific... 


OPV Vikram is first of seven vessels for which by Ministry of Defence had awarded Rs. 1,432-crore contract to L&T in March 2015. It will be inducted into service by April 2018 after completion of extensive trials of equipment and machineries.



 Public Finance Management System (PFMS)
The PFMS scheme has been rolled out by Controller General of Accounts at behest of Union Finance Ministry, Department of Department of Expenditure. It is an electronic fund tracking mechanism compiles, collates and makes available in real-time, information regarding all government schemes.

 PFMS is poised to develop as one of biggest financial management systems of the world, critical for bringing about transformational accountability and transparency in promoting overall good governance. It aims at providing government real-time information on resource availability and utilisation across schemes.... 






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