Rafale Deal Price: Difference Between NDA( BJP) vs UPA (congress)
According to the 2007 deal, India was supposed to buy 126 Fighter jets but only 18 of them would be in ready to fly conditions and the other 108 India were to be made in India. You can read the summary of the last blog here to understand the pricing in a better way. RAFALE DEAL OF INDIA What happened after Modi came to power? In 2014, when Narendra Modi led the government, the previous Rafale jet deal was scrapped as UPA did not arrive at a final conclusion. What was the difference? A Company to company deal was signed to avoid unnecessary wastage of time as there were already a lot of delays caused. In September 2016, India signed an intergovernmental agreement (IGA) with France. This means that there will be a direct conversation between the government's regarding the decisions on the Rafale deal of India. Modi led NDA decided to buy only 36 rafales from France, which will be imported in ready to fly conditions. The budget was finalised at 58,...