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Cabinet approves enhanced delegation of financial power to levels below vice-chief of Armed Forces

Cabinet approves enhanced delegation of financial power to levels below vice-chief of Armed Forces
ANI |
Updated: Feb 17, 2021 23:16 IST
New Delhi [India], February 17 (ANI): The Union Cabinet on Wednesday approved enhanced delegation of financial powers to the tune of up to Rs 200 crore under capital procurement to levels below vice-chief of Armed Forces.
According to the approval, under Other Capital Procurement Procedure (OCPP) of Defence Acquisition Procedure-2020, financial powers up to Rs 100 crore has been delegated to General Officer Commanding-in-Chief in the army, Flag Officer Commanding-in-Chief in the navy, Air Officer Commanding-in-Chief in air force at Services Command and regional commanders of Indian Coast Guard (ICG), said an official release of Ministry of Defence. ....

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Centre gives financial powers to clear projects up to Rs 200 crore to deputy chiefs, command heads of armed forces

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. ....

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