Financial Powers Current Affairs - 2019

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Defence Ministry enhances financial powers of Vice Chiefs of three Services

Union Defence Ministry has enhanced financial powers of three vice chiefs of the armed forces from Rs 100 crore to Rs 500 crore i.e. five times. This comes after vice chiefs were granted additional powers to carry out specific procurement to ensure operational preparedness in March 2018. Key Facts The decision to enhance financial powers Read More…

Month:  Categories: Defence & Security


Union Government enhances Financial Powers of Ministries, Departments

The Union Government has decided to enhance financial powers of its Ministries, Departments for appraisal and approval of Non-Plan Schemes or Projects. In this regard, Union Finance Ministry has issued a notification in order to expedite appraisal and approval process in the Union Government Ministries and Departments. As per the revised delegation by Union Finance Read More…

Month:  Categories: Governance & Politics