The Defence Ministry has enhanced financial powers of Vice Chiefs of the three Services.&nbsp;<br />'' <br />''The move is aimed at expediting the decision-making process involved in the procurements for the Armed Forces.&nbsp;<br />'' <br />''With this, the Vice Chiefs will be able to exercise financial powers up to five times more than the existing powers with an enhanced ceiling of 500 crore rupees.<br />'' <br />''Defence Ministry in a statement said, this is expected to give another fillip to the capacity of the three Armed Forces.&nbsp;<br />'' <br />''The decision has been taken to augment the arms and ammunition reserves of the Armed Forces to enhance their operational preparedness.<br />''&nbsp;
News On AIR | November 9, 2018 10:56 AM
Defence Ministry enhances financial powers of Vice Chiefs of three Services