Bengaluru: Rafale aircraft flies in Bengaluru skies during the rehearsal for the Aero India show 2015 at Yelhanaka Airforce Station on Feb 14, 2015. (Photo: IANS)
New Delhi (IANS) 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 percent 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.