New Delhi: Amid the ongoing border dispute with China, the three defence forces have been given financial powers upto Rs 500 crore per project for the acquisition of critical ammunition and weapons which would be required in case an all-out or limited conflict breaks out.
"The Vice Chiefs of the three services have been given the financial powers upto Rs 500 crore per project to acquire the required weapon systems under fast track procedures needed to fill whatever shortcomings or requirement is felt," a senior government official told Media.
The requirement of granting this power again to the forces was felt by the government after the Chinese aggression in Eastern Ladakh and the way they have deployed their troops in large numbers there along the Line of Actual Control (LAC).
Similar financial powers were given to the armed forces after the Uri attack and the Balakot aerial strikes against Pakistan.