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CAG finds NDA deal for 36 Rafale jets 2.86% cheaper than UPA's

Wednesday - February 13, 2019 12:10 pm , Category : INDIA
New Delhi, Feb 13 (IANS) The Comptroller and Auditor General (CAG) has found that the Rafale fighter jet deal signed by the National Democratic Alliance (NDA) government was 2.86 per cent lower than the price negotiated by the United Progressive Alliance government.
 
The much-awaited report on Capital Acquisition on Indian Air Force was tabled by the government in Rajya Sabha on Wednesday.
 
The report does not disclose the actual price of the 36 Rafale fighter jets contracted by the NDA government. However, it includes examination of the pricing.
 
The prices have been redacted in the report based on the insistence of the Defence Ministry citing the Indo-French agreement of 2008 and the provisions of inter-government agreement.
 

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