MoD has enhanced financial powers of SHqs

The delegation of enhanced financial powers by the Ministry of Defence (MoD) to the Services has led to a significant increase in both value and number of cases processed at the Service HQ, command and lower formation levels across the three Services. There has been a clear surge in the cases being finalised at the level of Services HQ and other formations leading to a decrease in the time taken to finalise the procurement cases. This has resulted in the optimal use of the budgets allocated to the MoD. The Services are now authorized to clear proposals amounting up to Rs 500 crores at their level.