Based on previous answers. I resolved my issue by removing global variable at package level to procedure, since there was no impact in my case.
Original script was
create or replace PACKAGE BODY APPLICATION_VALIDATION AS
V_ERROR_NAME varchar2(200) := '';
PROCEDURE APP_ERROR_X47_VALIDATION ( PROCESS_ID IN VARCHAR2 ) AS BEGIN
------ rules for validation... END APP_ERROR_X47_VALIDATION ;
/* Some more code
*/
END APPLICATION_VALIDATION; /
Rewritten the same without global variable V_ERROR_NAME
and moved to procedure under package level as
Modified Code
create or replace PACKAGE BODY APPLICATION_VALIDATION AS
PROCEDURE APP_ERROR_X47_VALIDATION ( PROCESS_ID IN VARCHAR2 ) AS
**V_ERROR_NAME varchar2(200) := '';**
BEGIN
------ rules for validation... END APP_ERROR_X47_VALIDATION ;
/* Some more code
*/
END APPLICATION_VALIDATION; /