New Delhi, June 4 -- Defence Minister Rajnath Singh on Thursday released the Delegation of Financial Powers to Defence Services (DFPDS-2026)- Financial Powers for revenue-related procurement having an annual value of more than Rs 1.25 Lakh crore.

In a post on X, the Defence Minister wrote, "I congratulate MoD and the Armed Forces on getting enhanced Financial Powers for Revenue related Procurement having annual value of more than Rs 1.25 Lakh crore under the new delegation of financial powers (DFPDS-2026)."

Highlighting the strategic impact of the reforms, Defence Minister Rajnath Singh stated that the new framework will empower field commanders to make faster decisions, boost operational readiness, and minimize dependence on foreign eq...