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MCD commissioner now holds financial powers for waste management contracts

Business Standard LogoBusiness Standard9h ago

MCD commissioner now holds financial powers for waste management contracts - Business Standard

Quick Summary:

The Delhi government on Monday issued an order delegating the financial powers of the Standing Committee to MCD Commissioner Ashwani Kumar, allowing him to approve proposals requiring expenditures of Rs 5 crore and above for various municipal solid waste management contracts.

The move comes amid a political deadlock between the ruling AAP and opposition BJP in the MCD over the constitution of the Standing Committee, the highest decision-making body of the civic body, which otherwise had the authority to approve contracts exceeding Rs 5 crore.

A political slugfest erupted between the Aam Aadmi Party and the Lt Governor's office over the issue as both accused the other of delaying the passage of the order.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-15 @ 07:03:57 (9 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 667 words

Reading Time: 4 minutes read

Sentences: 17 lines

Sentence Length: 40 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23063068

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 295 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

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Publisher ID: #49

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