Armed forces get financial powers to buy critical weapons amid LAC standoff

Similar financial powers were given to the armed forces after the Uri attack

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 ANI.

The requirement of granting this power again to the forces was felt by