NDA’s Rafale deal cost 2.86% less that UPA’s negotiated one: CAG
New Delhi: The Comptroller and Auditor General (CAG) has found that the Rafale fighter jet deal signed by the NDA government was 2.86 per cent lower than the price negotiated by the UPA 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.