In an effort to speed-up projects, the Home Ministry has given financial powers to the joint secretaries who can now spend up to Rs 50 crore for executing works and purchasing land, an official said.
Joint secretaries have also been allowed to make procurement through openor limited tender up to Rs 20 crore and procurement through negotiated or single tender or proprietary contract up to Rs 5 crore.
This is for the first time that such financial powers have been given to joint secretaries to bring greater flexibility in operations, reduce delays and facilitate quick decision on matters involving financial expenditure, a home ministry official said. Read More…
Credit By: ET Energy World
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