Amidst attacks from Left parties for its decision to provide Z class security to RIL chairman Mukesh Ambani, the government on Monday said the business tycoon would himself bear the expenses for it.
"Ambani will bear the expense for the Z category of security being provided to him," a highly-placed government source said. The order issued by the union home ministry, also states the CRPF deployment for the protectee (Ambani) will be on a "cost-reimbursement" basis and the commandos will also be provided barracks by him.
According to estimates, the per month cost of the security deployment will be around Rs 15-16 lakh which will be calculated on the basis of the salary of the troopers.
The security contingent, led by a Inspector rank official, will be in place by next week. The business tycoon is the new entrant to the 'Z' category VIP security club after the union home ministry had recently approved an armed commando squad following threat perception to the country's richest business leader.
Sources said the decision to provide the security of central forces was taken after it was felt that Ambani is under 'potential' threat and private security guards cannot perform the task of securing him as they are not allowed to carry weapons of higher calibre and sophistication.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.
