Home Business Week RAFALE deal cheaper by 2.86%: CAG

RAFALE deal cheaper by 2.86%: CAG

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RAFALE deal cheaper by 2.86%: CAG
RAFALE deal cheaper by 2.86%: CAG

The auditor (CAG)’s report on Rafale fighter jet deal has said the contract to acquire 36 fighter jets was 2.86% cheaper than the price negotiated by the UPA government.

The CAG report on ‘capital acquisition in IAF’ was tabled in Parliament on Wednesday.

CAG said that India has managed to save 17.08 percent money for the India Specific Enhancements.

RAFALE deal cheaper by 2.86%: CAG
RAFALE deal cheaper by 2.86%: CAG

The auditor (CAG)’s report on Rafale fighter jet deal has said the contract to acquire 36 fighter jets was 2.86% cheaper than the price negotiated by the UPA government.

RAFALE deal cheaper by 2.86%: CAG
RAFALE deal cheaper by 2.86%: CAG

The story has flagged the drawbacks of settling for a “Letter of Comfort” instead of a sovereign guarantee from the French. The CAG report on ‘capital acquisition in IAF‘ was tabled in Parliament on Wednesday.

CAG said that India has managed to save 17.08 percent money for the India Specific Enhancements in the 36 Rafale contract signed in 2016.

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I am Diksha Yadav, Currently pursuing my Post Graduate Diploma in English Journalism from Indian Institute of Mass Communication. I have interned in The Hindu(Features Department) and W5 Communications(Public Relations). I have also worked as a PR professional in PRIntel Advisory where I was handling Homekraft, Amplus, MoMagic, and other corporate clients and was responsible for developing the first line of communication with media for press coverages. Besides, I had worked as a content writer in Buddymantra, Portology, Aviity, and UC News. My areas of work is to deliver first-hand reports, media coverages, reporting, editing, making newspapers, magazines, anchoring, script writing and creating content in different genres. I also have knowledge of Quark and InDesign (Basic). I am quick in developing solid media relations across regions and develops brilliant content for clients for media dissemination. Currently, I am working as a freelance writer in TheTimesBusiness.com.