CISF ties up with IOC, goes digital for fuel procurement

The scheme will be operational from Wednesday for all official vehicles of CISF deployed on pan-India basis.

Published: 31st January 2017 08:48 PM  |   Last Updated: 31st January 2017 08:48 PM   |  A+A-

By Express News Service

NEW DELHI: The Central Industrial Security Force (CISF) on Tuesday became the first Central paramilitary force in the country to launch the innovative “Fleet Management System” in collaboration with Indian Oil Corporation Ltd. (IOC) in order to go digital and reduce operating costs of its vehicles deployed at vital installations across the country.

CISF DG OP Singh inaugurated the scheme at a function held at the Force’s headquarters here. Senior officials of the IOC and CISF were present on the occasion. 

“The Fleet Management System will reduce operating costs and overheads, increase efficiency & simplify back-office functions.  The economies offered through this programme, not only will have an important bearing on the day to day operations of CISF but also benefit the Govt exchequer significantly,” the CISF said in a statement.  

The scheme will be operational from Wednesday for all official vehicles of CISF deployed on pan-India basis. All petroleum products drawn from IOC outlets will lead to twin financial benefits--- 1.35 per cent incentive from the public sector oil company and 0.75 per cent discount provided by the Government for cashless purchases.

“Both, the pan–India deployment of the CISF and its targeted exponential growth will further catalyse the move towards a cashless economy and digitization,” the statement added.   

Singh said the CISF is committed to clean and efficient system of financial transactions as well as modernization.  

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