Don’t miss the latest developments in business and finance.

Better terms have been achieved in Rafale deal: Govt

Image
Press Trust of India New Delhi
Last Updated : Mar 07 2018 | 4:40 PM IST
Better terms have been achieved in the inter-governmental agreement (IGA) between India and France in terms of pricing, maintenance terms and delivery schedule of 36 Rafale aircraft, the Lok Sabha was told today.
"The 36 Rafale aircraft was being procured in direct fly-away condition under IGA between India and France. In the IGA, better terms have been achieved in terms of pricing, maintenance terms and delivery of schedule," Subhash Bhamre, Minister of State in the Defence Ministry, said in a written reply.
An IGA for the purchase of 36 Rafale jets was signed on September 23, 2016 between India and France.
The Congress has been alleging a "scam" in procurement of the fighter jets, a charge the government has vehemently refuted.

Also Read

First Published: Mar 07 2018 | 4:40 PM IST

Next Story