Tri-services vice chiefs' financial powers enhanced
New Delhi
08-November-2018
The government has enhanced the financial powers of vice chiefs of the three services by five times and these officials would now be able to clear projects worth up to Rs 500 crore, the Ministry of Defence (MoD) announced on Thursday.
The decision has been taken for expediting the decision making process involved in the procurements of the armed forces, the MoD said.
"The Defence Minister has taken this important decision to augment the arms and ammunition reserves of the armed forces and thus enhance their operational preparedness," it said.-IANS
More Headlines
Ultra-Luxury Housing Booms in NCR as Rs 50 Crore+ Home Sales Soar 2,550%
IPS Officer Siddharth Kaushal Resigns Voluntarily Amid Postings Row in Andhra Pradesh
TN Government To Rejuvenate 5,000 Irrigation Tanks to Revive Traditional Water Bodies
Kolkata Law College Rape Accused Was Hired Despite Criminal Record, Sources Reveal
Auto Parts Startup Garaaz Raises Rs 4.55 Cr from GVFL to Expand Nationwide
Ultra-Luxury Housing Booms in NCR as Rs 50 Crore+ Home Sales Soar 2,550%
IPS Officer Siddharth Kaushal Resigns Voluntarily Amid Postings Row in Andhra Pradesh
TN Government To Rejuvenate 5,000 Irrigation Tanks to Revive Traditional Water Bodies
Kolkata Law College Rape Accused Was Hired Despite Criminal Record, Sources Reveal
Auto Parts Startup Garaaz Raises Rs 4.55 Cr from GVFL to Expand Nationwide