Varun Nayyar

Varun Nayyar

Associate Professor

Education:

MBA Finance & Marketing, Post Graduate Diploma in Computer Applications, A 1-year Certificate Course in French

Contact

Email: varunnayyar[at]nifm[dot]ac[dot]in

Phone no: 0129-2465251

Varun Nayyar - an officer of the Indian Defence Accounts Service, 2014 batch.

Prior to Joining the Civil Services, has worked as Inspector in Customs and Central Excise from 2009-2014 and as an Assistant Professor in Economics at LPU, Jalandhar from 2008-09.
 

  • July 2024 to December 2024: Jt. IFA (Q&M), SENA Bhawan, providing financial advice in procurement and related matters to various directorates/Wings at Army HQrs.
  • May 2022 to July 2024: Dy CGDA at CGDA HQrs. Looked after the charge of Audit Wing, GeM Cell, Training Division, IFA wing and SPARSH (Defence Pensions).
  • * Sept-Dec 2024: On Attachment to ISD, Deptt of Eco Affairs, Min of Finance. Assigned work of Infrastructure Finance Secretariat and G-20 Infra Working Group.
  • May 2018 to May 2022: Sr. Dy IFA at DRDO HQrs - Functioning as Financial Advisor for all Delhi based Labs/Establishments and DRDO HQrs
  • February 2016 to May 2018: Asst Controller of Defence Accounts at the office of PCDA(Air Force) New Delhi.
  • December 2014 to February 2016: IDAS(P) at National Academy of Defence Financial Management
     
  1. Regular Speaker at AJNIFM Faridabad, OTI Gurugram, Cab Sec Training Academy Gurugram, Defence Financial Management Course, Western Command Chandigarh, DRDO HQrs and IIFT, New Delhi for topics:
    1. Principles and Procedures of Public Procurement. GFR-2017, Ministry of Finance Manuals for Procurement (Goods), (Service), and (Works).
    2. Outsourcing of Services (Consultancy and Non-Consultancy)
    3. Fundamentals of Defence Procurement – DPM 2009, DAP-2020.
    4. Delegation of Financial Powers in Defence v) Price Benchmarking and Negotiations in Public Procurement Contracts.
    5. Capital Acquisitions in Defence.
    6. Contract Management
    7. International Best practices in Public Procurement.
    8. Industry Expectations from Public Procurement
    9. E-Governance initiations including GeM
    10. Public-Private-Partnership Projects – Risk Assessment and Case Studies
    11. FINTECT in India – Evolution and Future
    12. Time and Stress Management
    13. Leadership
    14. Motivation
  1. Commendation from Chief of Army Staff for devotion to duty/distinguished service – August 2024.
  2. Raksha Mantri Award for Excellence – IT Project for digitisation of the Procurement Process – e-Concurrence in DRDO (Integrated Material Management System - MMS) – October 2022.
  1. International Conference on Defence Finance and Economics conducted by CGDA, Ministry of Defence – Year 2023
  2. 5-day workshop on ‘City Creditworthiness Initiative and Municipal Bonds’ conducted by Department of Economic Affairs, Ministry of Finance in collaboration with the Ministry of Housing and Urban Affairs and the World Bank – Year 2022.
  3. Integrated Financial Advisors Conference conducted by MoD(Fin)– 2019
  4. DRDO Director’s Conclave - 2019
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