Was the national security not important than the so called BUDGET CONSTRAINTS?
During Modi ji's visit to France in April 2015, announced that India would acquire 36 fully built Rafales citing "critical operational necessity.
In July 2015, defence minister Manohar Parrikar informed the Rajya Sabha that the tender for 126 aircraft had been withdrawn and negotiations for 36 aircraft had begun
The agreement had a 50% offset clause, which meant Dassault will invest 50% of the Rafale Price approx ₹30,000 crore back into India
Out of the 50%, 30% amount will be reserved for the Defence Research and Development Organisation
% which was increased to 50% by the Modi Govt.
The contract includes a 50% offset obligation to the tune of approximately Rs 30,000 crore, which is the largest ever in the history of India.
As a part of OFFSET Obligations Clause Dassault, invested Rs ₹ 8,829 crores in a Joint venture (DRAL) with Reliance.
My question is was there any other company that had funds to invest for this Joint venture?
Why is Rahul Gandhi saying the Rafales are manufactured by Anil Ambani?
He is just hiding the OFFSET Clause
When the French Govt rejected the allegations, no wonder the Congress has their own personal ones.
Due to the decade long delay under the Congress Era, India now could not afford further delays in getting Rafales for its national security. This was an emergency purchase.
The time was important, India needed Rafale ASAP for security.
Price comparison: The price of the 36 Rafale aircraft in the 2016 deal was 2.86% lower than the comparable price based on the UPA negotiated deal.
Delivery schedule: Improvement of one month in the delivery schedule
HAL charges Rs 415 crore for its indigenous Sukhoi-30 MkI, while each unit imported from Russia would cost Rs 330 crore.
I am not against HAL, but it lacks administration which definitely the Govt needs to look into.
A common man will get brainwashed by this for sure.
Dassault agreed to take assurance for all the 36 Rafales which NDA entered into
The EURO INR conversion rate in 2016 was 1 Euro- Rs 75
A very logical reason to price escalations. Had UPA govt finalised this deal in 2007,this could be avoided.