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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.

The Curse Of The Light Purse: What Will Budget '21 Bring For India's Defence? Maybe we'll see the urgency. Maybe only more sellotape. But here's a cautionary tale about what a lack of vision can do even to an excellent Make in India initiative. Representational image. Cdr K. Ashok Menon (Retd) 2021-01-31T18:14:29+05:30 The Curse Of The Light Purse: What Will Budget '21 Bring For India's Defence? outlookindia.com 2021-01-31T19:19:59+05:30 Also read In the March 2001 edition of the Harvard Business Review, Paul Levy describes the management lessons learnt from the ope...