Defence Minister Rajnath Singh on Thursday approved a significant enhancement in the financial powers of the armed forces. Image Credit: ChatGPT

Defence Minister Rajnath Singh on Thursday approved a significant enhancement in the financial powers of the armed forces, a move aimed at strengthening operational preparedness, speeding up procurement and boosting indigenous defence manufacturing.

The revised Delegation of Financial Powers for the Defence Services, including medical and works projects, increases several financial limits by up to 100 per cent, with some categories seeing an even higher enhancement.

According to the Defence Ministry, the revised framework will enable faster conclusion of contracts and execution of projects by giving greater autonomy to field commanders.

The government said the enhanced delegation would facilitate procurement worth more than Rs 1.25 lakh crore through the revenue route based on the current year’s budgetary allocations.

The financial powers delegated for indigenisation and research and development within the military ecosystem have also been doubled.