Ak antony News
Antony hikes financial powers of service headquarters
New Delhi, May 28 (IBNS) To accelerate the process of procurement for the Armed Forces, Defence Minister AK Antony on Monday gave his 'in principle' approval to a three-fold hike in the delegation of financial powers to Service Headquarters - from the current Rs.50 crores to Rs.150 crores.The decision was taken at a meeting here Antony had with the three Service Chiefs - Admiral Nirmal Verma, General
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