In pursuance of PMO
directive to consider higher delegation of financial powers to Defence
Services, a committee was set up by MoD under FA (DS) to review the
financial
powers of three services and IDS last reviewed in April 2002.
Accordingly Govt.
order for revised delegation of financial powers have been issued in
July 2006
as shown below:
Army
Govt. of India, Min. of Def. Letter No.
A/89591/FP-I/1974/2006/D(GS-I) dated 26.7.2006
Navy
Govt. of India, Min. of Def. Letter No.
PL/3221/NHQ/486-S/2006/DN-IV dated 19.7.2006
Air Force
Govt. of India, Min. of Def. Letter No. Air
HQ/953781/I/Fin P dated 14.7.2006