CISF first CAPF to go cashless for fuel needs, to save Rs 12 lakh annually

Friday, 28 April 2017

The CISF on Tuesday inked a pact with the IOCL to initiate a first-ever cashless system of fuel procurement in the Central Armed Police Forces (CAPFs), a step which is expected to save an estimated Rs 12 lakh per annum for the force tasked to secure country’s vital installations. A Memorandum of Understanding (MoU) for the initiative called ‘Fleet Management System’ was signed between Indian Oil Corporation Ltd and the CISF, which was led by Director General O P Singh. “The new cashless system will reduce operating costs and overheads, increase efficiency and simplify back-office functions.