The Union Cabinet on Wednesday approved financial powers to clear projects worth up to Rs 200 crore to the deputy chiefs and command heads of the armed forces for capital procurement projects, officials said.
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.
"This delegation of powers within service headquarters and up to command level for items of capital nature such as overhauls, refits, upgrades etc. will enhance the utility of existing assets and will facilitate faster processing and implementation of projects," the defence ministry said.
As per the approval, financial powers for capital procurement projects worth up to Rs 100 crore have been delegated to General Officer Commanding-in-Chief (GOC-in-C), Flag Officer Commanding-in-Chief (FOC-in-C), Air Officer Commanding-in-Chief (AOC-in-C) at services commands and regional commands, officials said.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
)