Cabinet enhances financial powers of senior officers in armed forces
Updated:
Updated:
February 17, 2021 23:05 IST
The financial powers have been approved for projects under the Other Capital Procurement Procedure category, the govt. said
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The financial powers have been approved for projects under the Other Capital Procurement Procedure category, the govt. said
The Union Cabinet on Wednesday approved enhanced delegation of financial powers for capital procurement to senior officers below the rank of Vice-Chief of armed forces, a Defence Ministry statement said.
As per the approval, under the Other Capital Procurement Procedure (OCPP) of Defence Acquisition Procedure-2020, financial powers up to ₹100 crore have been delegated to Army Commanders and equivalent of other services and regional commanders, Coast Guard; and powers up to ₹200 crore have been delegate
Govt gives financial powers to clear projects up to ₹200 crore to deputy chiefs, command heads of armed forces thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.
The financial powers have been approved for projects under the 'Other Capital Procurement Procedure' category, they said. Financial powers to clear projects worth up to Rs 200 crore have been delegated to Deputy Chief of Army Staff, Air Officer Maintenance and Deputy Chief of Integrated Defence Staff as well as to additional director general of Indian Coast Guard.
High-ranking heads in armed forces get powers to clear smaller projects business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.