In a first, India gives financial powers to top military officers  | The Business Standard
Skip to main content
  • Epaper
  • Economy
    • Aviation
    • Banking
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Saturday
May 10, 2025

Sign In
Subscribe
  • Epaper
  • Economy
    • Aviation
    • Banking
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
SATURDAY, MAY 10, 2025
In a first, India gives financial powers to top military officers 

South Asia

UNB
18 February, 2021, 09:45 am
Last modified: 18 February, 2021, 09:52 am

Related News

  • India and Pakistan step up military strikes amid calls to de-escalate
  • Fact-check exposes Indian media’s fabricated reports on Indo-Pak conflict
  • Pakistan's Operation Bunyan al-Marsus: What does it mean?
  • IMF frees $1b for Pakistan, approves new $1.4b programme
  • G7 urges India-Pakistan dialogue, US offers help on 'constructive talks'

In a first, India gives financial powers to top military officers 

The move to financially empower senior officers of the Army, the Navy and the Air Force is aimed at augmenting the arms and ammunition reserves of the armed forces to bolster their operational preparedness and it comes in the wake of recent provocations along India's borders with China and Pakistan

UNB
18 February, 2021, 09:45 am
Last modified: 18 February, 2021, 09:52 am
In a first, India gives financial powers to top military officers 

For the first time, the Indian government has approved financial powers for the entire top brass of the country's armed forces. Earlier only the chiefs and the vice chiefs of the three services -- the Army, the Navy and the Air Force -- were allowed to make such decisions.

The move to financially empower senior officers of the Army, the Navy and the Air Force is aimed at augmenting the arms and ammunition reserves of the armed forces to bolster their operational preparedness and it comes in the wake of recent provocations along India's borders with China and Pakistan.

"The Cabinet on Wednesday approved enhanced financial powers of up to Rs 200 crore for senior military officers to make capital procurement," a government statement said. "Among the officers who have been given authority to spend Rs 200 crore are the Navy's chief of material, the Air Force's chief of maintenance, the deputy chief of Integrated Defence Staff."

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

"This delegation of powers within service headquarters and up to command level for items of capital nature such as overhauls, refits and upgrades will enhance the utility of existing assets and will facilitate faster processing and implementation of projects for modernisation of the armed forces to meet security challenges," the statement said.

The Indian government first approved emergency financial powers for the three vice chiefs to buy ammunition and armaments "without necessary sanctions" in 2017 post a terrorist attack in Indian-controlled Kashmir in September 2016, in which 18 troopers were killed. A year later, the financial powers of the vice chiefs were raised to Rs 500 crore.

Top News

India / Indian Army / Indian military

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • US President Donald Trump. File Photo: Reuters
    Trump says India, Pakistan have agreed to ceasefire after 'long night of talks'
  • Law, Justice and Parliamentary Affairs Adviser Asif Nazrul. Photo: Syed Zakir Hossain
    Govt to form Truth and Reconciliation Commission: Asif Nazrul
  • Protesters from NCP, Bangladesh Jamaat-e-Islami , Hefazat-e-Islam Bangladesh and various other political parties and forums continue to block Shahbag intersection in the capital ahead of the mass rally demanding a ban on the Awami League on Saturday, 10 May 2025. Photo: Rajib Dhar/TBS
    Hope govt will announce AL ban at advisory council meeting, IAB says at NCP-led Shahbag mass rally 

MOST VIEWED

  • Infographic: TBS
    Only 6 of Bangladesh's 20 MiG-29 engines now work – Tk380cr repair deal on table
  • Bangladesh Bank. File Photo: Collected
    Bangladesh Bank tightens credit facility for bank directors and affiliates
  • ‘I killed my father, come arrest me’: Young woman calls 999
    ‘I killed my father, come arrest me’: Young woman calls 999
  • Shahbag filled with thousands demanding ban on AL on 9 May. Photo: Md Foisal Ahmed/TBS
    Demand to ban AL: Shahbagh blockade to continue, mass rally Saturday at 3pm, says Hasnat
  • A youth beating up two minor girls on a launch during a picnic in Munshiganj on 9 May 2025. Photo: TBS
    Minor girls beaten in Munshiganj launch: Beat them to discipline them as elder brother, assaulter says
  • Unfographic: TBS
    Depleting reserves, deepening crisis: Why gas shortfall has no quick fix

Related News

  • India and Pakistan step up military strikes amid calls to de-escalate
  • Fact-check exposes Indian media’s fabricated reports on Indo-Pak conflict
  • Pakistan's Operation Bunyan al-Marsus: What does it mean?
  • IMF frees $1b for Pakistan, approves new $1.4b programme
  • G7 urges India-Pakistan dialogue, US offers help on 'constructive talks'

Features

Kadambari Exclusive by Razbi’s summer shari collection features fabrics like Handloomed Cotton, Andi Cotton, Adi Cotton, Muslin and Pure Silk.

Cooling threads, cultural roots: Sharis for a softer summer

1d | Mode
Graphics: TBS

The voice of possibility: How Verbex.ai is giving AI a Bangladeshi accent

1d | Panorama
Graphics: TBS

Why can’t India and Pakistan make peace?

2d | The Big Picture
Graphics: TBS

What will be the fallout of an India-Pakistan nuclear war?

2d | The Big Picture

More Videos from TBS

Relentless Heatwave Sweeps Across the Country

Relentless Heatwave Sweeps Across the Country

21m | TBS Today
Public Assault and Robbery of Women on Passenger Launch

Public Assault and Robbery of Women on Passenger Launch

1h | TBS Today
Depleting reserves, deepening crisis: Why gas shortfall has no quick fix

Depleting reserves, deepening crisis: Why gas shortfall has no quick fix

1h | TBS Insight
In which direction is the India-Pakistan conflict heading?

In which direction is the India-Pakistan conflict heading?

2h | TBS World
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net