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Sitharaman raises financial powers of DRDO

6/27/2018

New Delhi, In line with delegation of financial power to armed forces, Defence Minister Nirmala Sitharaman has also enhanced the financial powers of various authorities in an effort to bring more efficiency and effectiveness of Defence Research establishments. The financial powers of Secretary, Defence R&D for sanctioning of projects and procurements has been enhanced from Rs 75 crore to Rs 150 Crore and for the Directors General (DG) increased from Rs 50 crore to Rs 75 crore, the ministry of defence said. For Proprietary Article Certificate (PAC), it has been raised from Rs 50 crore to Rs 150 crore for Secretary Defence (R&D), and for DG it has been fixed at Rs 75 crore from Rs 25 crore while Rs five crore will be granted to lab directors. Earlier it was Rs two crore. In the case of single tendering, the secretary defence (R&D) has been given a financial power of granting Rs 75 crore, a rise of Rs 25 crore while for DGs it is Rs 37.5 crore. For lab directors, the amount has been hiked to Rs 2.5 crore from one crore. The powers of Director General have been enhanced from Rs three crore to Rs five crore for sanctioning Research projects to Universities, Technological Institutions and to Indigenous Defence Industry under the Technology Development Fund Scheme of DRDO, it added. The development will neutralise the ill-effects of over-centralisation and facilitate quicker decision making.

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