Formulation and implementation of policies for Material Management, updating procedures and policies for procurement as per GFR/latest policies issued by GoI/MoD/CVC/MoF.
Formulation and review of Delegation of Financial powers of various authorities in DRDO.
Formulation and issuance of policy for DRDO for undertaking deposit works and jointly funded projects with services and DPSUs.
Nodal center for Budget Management of DRDO, involving allocation of budget to DRDO Labs/Estt, expenditure monitoring and projections at various budgetary stages.
Nodal point for all actions related to C&AG Audit at DRDO Hqrs level and Follow up Management of Test audit of Labs/Estts.
Nodal agency for taking approvals for Demand Approval, Financial Sanction, DP Extension, CNC Participation, Regularization of the losses reported by Labs/Estts beyond the delegated powers of DGs.
Nodal center for bulk allocation of Foreign Exchange and Management of Interest Bearing Advances.
Nodal agency for interaction with CGDA and other external agencies with respect to Finance and Material Management.
Nodal center for implementation of procurement through various e-portals i.e. CPP portal and GeM in DRDO.
Nodal center for Concluding Air Consolidation Agent (ACA) contract for Air Freight of Stores.
Participation in CNC meetings to ensure compliance of procurement procedures for the procurement cases beyond the delegated financial powers of DGs.
Issue of Authorization Certificates to Labs/Estt for issue of Customs Duty and GST Concessional Certificates.
Other associated activities like training to DRDO personnel, assisting arbitration, clarification on policy issues etc.
