In an initiative to bolster financial management capabilities, the Armed Forces Medical College & Centre has recently conducted an intensive training program for 42 senior medical officers from the Tri-Services.
This program, designed to provide a thorough grounding in defence economics, government financial systems, budget management, and delegated financial powers, reflects a strategic move to enhance the financial acumen of military medical leaders.
Participants were immersed in various aspects of financial management, focusing on defence economics and government financial systems. The curriculum aimed to deepen their understanding of budget management and the exercise of delegated financial powers, essential for effective resource administration.
A significant training component was dedicated to the Government e-Marketplace (GeM), a crucial digital platform for public procurement. Officers learned how to navigate and utilize GeM to streamline procurement processes, ensuring transparency and efficiency in financial transactions.
The primary objective of this training session was to empower senior medical officers with the knowledge and skills necessary to make informed financial decisions. By enhancing their understanding of economic systems and procurement processes, the Armed Forces aim to optimize resource allocation and improve the overall efficiency of medical services.
This initiative underscores the Armed Forces' commitment to the continuous professional development of its medical officers. By investing in their financial literacy, the Armed Forces are improving individual competencies and ensuring their medical services can operate with enhanced economic efficiency and accountability.
The training is expected to have long-term benefits, including:
Improved financial knowledge will enable officers to make strategic decisions that positively impact resource management.
A better understanding of financial systems and procurement platforms like GeM will lead to more efficient and transparent resource allocation. Senior medical officers will be better equipped to manage budgets and economic resources, enhancing service delivery within the Armed Forces.
By hosting this comprehensive financial management training, the Armed Forces Medical College & Centre has taken a significant step towards enhancing the financial capabilities of its senior medical officers. This initiative reflects a commitment to excellence and ensures that the Armed Forces medical services are managed with the highest financial integrity and efficiency standards.
This strategic investment in financial training is poised to profoundly impact the operational effectiveness and resource management within the Armed Forces, setting a benchmark for future training programs.
