Thread by @a_sandhan

Today the Cabinet Committee on Security (CCS) sanctioned Rs 6500 cr for #Tejas Mark 2 project with schedule of manufacturing by 2027.
With this the ambiguity over the project ends.
IAF has committed minimum 6 squadrons with additional order depending on progress in project.

https://twitter.com/a_sandhan/status/1043495377331056640

As per sources CCS will sanction Rs 15000 cr for the AMCA project in next few months.
In 2018 Rahul Gandhi was spreading lies that Modi govt is finishing HAL n snatching govt job for youths.

Even that time I had said as per Modi's plan of indigenization HAL is full of orders till 2040.
With many countries showing interest for Tejas fighter orders will not dry till 2050+
Bigger news is on the MMRCA front.
GOI is on advance stage of deal with foreign co.

As per condition GOI will import 18 fighters in fly by condition.
Next 36 will be manufactured in India by foreign OEM with 50% payment in dollar n rest in rupees.
Remaining 60 will be manufactured jointly by OEM n Indian partner, full payment in Indian rupees.

Even putting such condition of payment when we are desperate to fill the falling fighter strength is an achievement in itself.
Shows the comfort level of Modi while taking important strategic decisions.
Even if payment in rupees doesn't materialize, putting that condition shows

the confidence of this govt.