September 24, 2020
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2:27Now PlayingRafale Deal: The Comptroller and Auditor General of India Girish Chandra Murmu has raised a red flag over Rafale deal. French firms Dassault Aviation and NBTA have not yet transferred the high end technology to India's DRDO that was a part of Rafale Deal. The report of CAG states that there was 50% offset clause and the vendors have failed to keep up with their offset commitments. There is no effective way to penalise them.
Rafale Offset Obligations:Revival of Kaveri Engine Project.Stealth, Radar,Thrust vectoring for missiles technologies, Commitment for development programmes.
The offset period is spread over 7 years.
#RafaleDeal #RafaleDealOffset
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