14April,Delhi : The three-day International Conference on Defence Finance and Economics (ICDFE-2023) concluded in New Delhi on April 14, 2023. Chief of the Air Staff Air Chief Marshal VR Chaudhari was the Chief Guest at the valedictory session of the conference. Financial Adviser (Defence Services) Smt Rasika Chaube, Additional CGDA Shri SG Dastidar and Senior Joint CGDAs Ms Devika Raghuvanshi & Shri AN Das were also present.
Raksha Mantri Shri Rajnath Singh had inaugurated the conference on April 12, 2023. Organised by Ministry of Defence (Finance), it witnessed participation of over 350 eminent policy makers, academics and government officials from within the country and abroad. Delegates from USA, UK, Japan, Australia, Sri Lanka, Bangladesh and Kenya attended the conference, across eight business sessions.
Discussions ranged from international perspective on strategic allocation of defence budget, the importance of human resource management in Defence and the significance of defence spending for a state’s national security. The panelists also discussed the defence finance perspective, including the significance of defence procurement and timely payments including the implementation of a faceless bill processing and payment system that the Defence Accounts Department is currently implementing.
The eminent speakers included Chief of Defence Staff General Anil Chauhan, Chief of the Naval Staff Admiral R Hari Kumar, Defence Secretary Shri Giridhar Aramane, Finance Secretary Shri TV Somanathan, Secretary (Ex-Servicemen Welfare) Shri Vijoy Kumar Singh, Secretary, Department of Defence R&D & Chairman DRDO Dr Samir V Kamat and Comptroller and Auditor General of India Shri Girish Chandra Murmu.
