Full text: CAG's press release on 'Capital Acquisition in Indian Air Force'

Here is the full text of the Comptroller and Auditor General's report on Capital Acquisition in Indian Air Force

C&AG’s Audit Report No. 03 of 2019 on ‘Capital Acquisition in Indian Air Force’ tabled in Parliament today.

Performance Audit Report No. 03 of 2019 of the Comptroller and Auditor General of India on ‘Capital Acquisition in Indian Air Force’ was tabled in Parliament today, the 13 th February 2019.

1. This Report contains two volumes – Volume I consisting of seven chapters discusses the systematic issues in the acquisition process. It includes details of ten acquisition contracts.

2. Volume-II consists of audit findings relating to the acquisition of Medium Multi Role Combat Aircraft through an Inter Government Agreement (IGA)