On Wednesday, the GOVERNMENT granted financial powers to approve projects of up to 200 million rupees to the deputy chiefs and commanding officers of the armed forces for the acquisition of capital. The cabinet chaired by Prime Minister Narendra Modi approved the measure for projects under the title “Other capital acquisitions,” the officials said.
The financial powers to approve projects worth up to Rs 200 million have been delegated to the Deputy Chief of Staff of the Army, Air Maintenance Officer and Deputy Chief of the Integrated Defense Staff, as well as the additional director general of the Coast Guard of India. “This delegation of powers … will improve the usefulness of existing assets and facilitate faster processing and implementation of projects,” the Defense Ministry said.
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