Odisha News, Odisha Latest news, Odisha Daily - OrissaPOST
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
No Result
View All Result
OrissaPOST - Odisha Latest news, English Daily -
No Result
View All Result

Modi hiked benchmark price of Rafale deal from euro 5.2 bn to 8.2 bn: Congress

Updated: January 4th, 2019, 13:27 IST
in Home News, National
0
A supporter of Congress waves a flag at a Congress Rally (PTI)

A supporter of Congress waves a flag at a Congress Rally (PTI)

Share on FacebookShare on TwitterShare on WhatsAppShare on Linkedin

New Delhi: Claiming “fresh revelations” in the Rafale fighter jet deal, the Congress Friday alleged that Prime Minister Narendra Modi increased the benchmark price of the deal from euro 5.2 billion to 8.2 billion, resulting in a loss to the exchequer.

“Fresh revelations further expose brazen corruption practices in Rafale deal. The entire spectrum of deception lies at the doorstep of the Prime Minister, who overruled the objections raised and recorded by the ‘Negotiations Team’ in Rafale deal,” the party said ahead of the resumption of the debate on the deal in the Lok Sabha Friday.

Also Read

Air India Flight

Air India cancels six international flights

13 hours ago

Iran strikes Mossad headquaters, targets Israeli military intel building

13 hours ago

Addressing a press conference in Parliament, senior Congress leader and Rajya Sabha member Ghulam Nabi Azad said: “The Modi government has gone to the extent of even submitting false affidavits to mislead the Supreme Court to hide the truth of the Rafale scam. This kind of government should be terminated.”

Attacking the Modi government, he said the country has now understood how big the Rafale scam is.

“The Modi government is doing everything in its might to hide it,” Azad said. “Therefore, we have always believed that JPC (Joint Parliamentary Committee) is the only appropriate medium to look into the matter.”

Accusing the BJP-led government of increasing the benchmark price of the Rafale deal, he said: “The Prime Minister increased the ‘Benchmark Price’ from from euro 5.2 billion to euro 8.2 billion.”

Senior Congress leader and Lok Sabha member Mallikarjuna Kharge accused Modi of lying to Parliament and the Supreme Court.

Kharge said: “They submitted false affidavits regarding CAG (Comptroller and Auditor General) report and is claiming to have got a clean chit from Supreme Court.

“Those who are defending the Prime MInister are lying,” he said.

Congress spokesperson Randeep Singh Surjewala also slammed the Prime Minister and said that fresh revelations further expose the brazen corrupt practices in the Rafale deal.

“The entire spectrum of deception lies at the doorstep of the Prime Minister, who overruled the objections raised and recorded by raised by the ‘Negotiations Team’ in Rafale deal,” Surjewala said.

Hitting out at Modi over the “increased benchmark” price, the Congress leader said: “This fact was also confirmed November 2018 by Sudhanshu Mohanty, Head of Finance, Ministry of Defence (uptil May 2016), who spilled the beans and indicted the Modi government.”

He claimed that till date the Prime Minister or Defence Minister (Niramala Sitharaman) did not contradict the statement of Mohanty.

Surjewala also accused Modi of waiving the ‘Advance and Performance Bank Guarantee and Sovereign Guarantee’ and said: “Objections on the Defence Ministry file reads no advance and performance bank guarantee has been obtained from Dassault Aviation and the advance payments made prior to delivery are not secured.”

Showing the documents, Surjewala claimed that December 9, 2015, the Law Ministry flagged the issue of ‘no bank guarantee/sovereign guarantee’ by the French government and noted the concern that the deal involves huge payout from public exchequer without actual delivery in form of advance payments.

“March 7, 2016, then Defence Minister Manohar Parrikar refused to opine or accept the ‘Letter of Comfort’ in lieu of the ‘Bank-French Government Guarantee,” Surjewala said.

He also said that August 18, 2016, the Air Acquisition Wing of the Defence Ministry put up a note stating that bank guarantees may be insisted from France as required and the Indian side may bear bank guarantee charges.

“On August 23, 2016, Law Ministry again reiterated to the Defence Ministry about requirement of ‘French Government-Sovereign Guarantee’ as a condition of Defence Procurement Procedure (DPP). And on August 24, 2016 i.e. the very next day, PM Modi, in Cabinet Committee on Security (CCS), accepts the ‘Letter of Comfort’ and waives off the condition of ‘Bank Guarantee/French Government Sovereign Guarantee,” he said.

Surjewala also alleged that Modi ignored that ‘maintenance terms and conditions’ that read “the maintenance terms and conditions including PBG (Performance Based Guarantee) of 36 Rafale IGA was not better than that of 126 MMRCA (Medium Multi-Role Combat Aircraft) Rafale bid.

He said that the file reads: “The delivery schedule of 36 Rafale IGA was not better than that of 126 MMRCA bid.”

“The Prime Minister proceeded despite delivery delays, comprising national security preparedness.”

He highlighted that the objections on the Defence Ministry file said that as per the prices reflected in Dassault’s financial results, it had sold Rafale at a cheaper rate to Qatar and Egypt as compared to India.

IANS

Also Read:

Question of transparency does exist on Rafale deal: BJD

 

Tags: CAGComptroller and Auditor GeneralDefence MinisterNarendra ModiNiramala SitharamanPrime MinisterRafaleSudhanshu Mohanty
ShareTweetSendShare
Suggest A Correction

Enter your email to get our daily news in your inbox.

 

OrissaPOST epaper Sunday POST OrissaPOST epaper

Click Here: Plastic Free Odisha

#MyPaperBagChallenge

Matrumangal Jena

December 12, 2019
#MyPaperBagChallenge

Subhajyoti Mohanty

December 12, 2019
#MyPaperBagChallenge

Manas Samanta

December 12, 2019
#MyPaperBagChallenge

Adyasha Priyadarsani Sendha

December 12, 2019
#MyPaperBagChallenge

Adweeti Bhattacharya

December 12, 2019
#MyPaperBagChallenge

Amritansh Mishra

December 12, 2019
#MyPaperBagChallenge

Surya Sidhant Rath

December 12, 2019
#MyPaperBagChallenge

Narendra Kumar

December 12, 2019
#MyPaperBagChallenge

Pitabas Tripathy

December 12, 2019
#MyPaperBagChallenge

Jyotshna Mayee Pattnaik

December 12, 2019
#MyPaperBagChallenge

Parbati Mohanty

December 12, 2019
#MyPaperBagChallenge

Smitarani Sahoo

December 12, 2019
#MyPaperBagChallenge

Subhajyoti Mohanty

December 12, 2019
#MyPaperBagChallenge

Akshaya Kumar Dash

December 12, 2019
#MyPaperBagChallenge

Priyabrata Mohanty

December 12, 2019
#MyPaperBagChallenge

Sitakanta Mohanty

December 12, 2019
#MyPaperBagChallenge

Debasis Mohanty

December 12, 2019
#MyPaperBagChallenge

Sarfraz Ahmad

December 12, 2019
#MyPaperBagChallenge

Ankita Balabantray

December 12, 2019
#MyPaperBagChallenge

Kamana Singh

December 12, 2019
#MyPaperBagChallenge

Vandana Singh

December 12, 2019
#MyPaperBagChallenge

Rajashree Manasa Mohanty

December 12, 2019
#MyPaperBagChallenge

Praptimayee Biswal

December 12, 2019
#MyPaperBagChallenge

Anshuman Sahoo

December 12, 2019
#MyPaperBagChallenge

Anup Mahapatra

December 12, 2019
#MyPaperBagChallenge

Sibarama Khotei

December 12, 2019
#MyPaperBagChallenge

Sisirkumar Maharana

December 12, 2019
#MyPaperBagChallenge

Rajashree Pravati Mohanty

December 12, 2019
#MyPaperBagChallenge

Mrutyunjaya Behera

December 12, 2019
#MyPaperBagChallenge

Shreyanshu Bal

December 12, 2019

Archives

Editorial

Trouble For Iran

Iran flag
June 18, 2025

The escalating conflict between Israel and Iran has plunged the Middle East into deeper turmoil, with ramifications stretching far beyond...

Read more

Korean Challenge

Lee Jae-myung
June 17, 2025

The people of South Korea have shown their maturity as votaries of democracy by recently gifting a landslide victory to...

Read more

Mid East Great Again

Iran's private message to Israel: ‘Can intervene if military campaign continues in Gaza’
June 16, 2025

For decades, current Israeli Prime Minister Benjamin Netanyahu has been warning about the “existential threat” that a nuclear-armed Iran poses...

Read more

Nameless Doctrine

June 15, 2025

On 12 June, the United Nations General Assembly adopted a resolution demanding an immediate, unconditional and lasting ceasefire in Gaza....

Read more
  • Home
  • State
  • Metro
  • National
  • International
  • Business
  • Editorial
  • Opinion
  • Sports
  • About Us
  • Advertise
  • Contact Us
  • Jobs
Developed By Ratna Technology

© 2024 All rights Reserved by OrissaPOST

  • News in Odia
  • Orissa POST Epaper
  • Video
  • Home
  • Trending
  • Metro
  • State
  • Odisha Special
  • National
  • International
  • Sports
  • Business
  • Editorial
  • Entertainment
  • Horoscope
  • Careers
  • Feature
  • Today’s Pic
  • Opinion
  • Sci-Tech
  • About Us
  • Contact Us
  • Jobs

© 2024 All rights Reserved by OrissaPOST

    • News in Odia
    • Orissa POST Epaper
    • Video
    • Home
    • Trending
    • Metro
    • State
    • Odisha Special
    • National
    • International
    • Sports
    • Business
    • Editorial
    • Entertainment
    • Horoscope
    • Careers
    • Feature
    • Today’s Pic
    • Opinion
    • Sci-Tech
    • About Us
    • Contact Us
    • Jobs

    © 2024 All rights Reserved by OrissaPOST