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

Gallery

MORE...

Sports

Men’s Sr Hockey Nationals to be played in division-based format from April 4

The 15th Hockey India Senior Men National Championship, set to take place from April 4 to

Mensik denies Djokovic 100th title in Miami final

KIPG: Son of a vegetable vendor, Bihar’s Jhandu Kumar eyes Worlds, 2028 Paralympics

Hardik Singh credits hard work and team unity for receiving HI Midfielder of the Year award

Djokovic, Alcaraz land in same half of Miami draw

India to host 2nd Asian Yogasana Championships from March 29 to 31

MORE...

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

Last Updated : 13 Feb 2019 12:19:19 PM IST

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

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.