Rafale Fighter Jet. (Photo | Official Dassualt aviation website) 
Nation

Rafale deal: Opposition slams lack of sovereign guarantee

Surjewala also accused the PM of increasing the benchmark price of the aircraft by Euro 3 billion or `22,743 crore.

From our online archive

NEW DELHI:  The Opposition on Thursday slammed the Centre over the Rafale jet deal, with Rahul Gandhi targeting PM Narendra Modi over the lack of a sovereign guarantee by France in the deal, and the CPI-M demanding a probe monitored by the Supreme Court.

"The latest skeleton to tumble out of the RAFALE cupboard:  NO Guarantee by the French Govt. backing the deal. BUT, our PM says there's a letter from the French promising to be faithful! That's enough to call this a "Govt to Govt" deal," Rahul tweeted.

The response came amid charges and counter-charges by the Congress party and jet manufacturer, Dassault. Party spokesperson Randeep Surjewala said the law ministry had flagged the lack of sovereign guarantee on December 9, 2015, but the PM waived off the condition and instead accepted the letter of comfort from the French government on August 24, 2016 in the CCS meeting in violation of the defence procurement procedure.

Surjewala also accused the PM of increasing the benchmark price of the aircraft by Euro 3 billion or Rs 22,743 crore. "PM Modi in the CCS accepted the higher 'Benchmark Price' of Rs 8.2 Billion instead of Rs 5.2 Billion. Why did PM Modi compromise National Interests by waiving the 'Bank Guarantee/French Government's Sovereign Guarantee' in violation of Defence Procurement Procedure," said Surjewala.

Questions, charges 
■ CPI (M) leader Sitaram Yechury says money going to Ambani firm is coming back to the ruling party through electoral bonds.  
■ Congress has questioned the role of NSA Ajit Doval, wondering who authorized him to negotiate the deal.

India’s crude supply secure, no shortage of fuel; refineries running at over 100%: Petroleum minister

LIVE | West Asia conflict: 'Vengeance is priority', says Iran’s new supreme leader; Strait of Hormuz to remain closed

Economists see crude price surge having limited impact on inflation

US military 'not ready' to escort tankers through Hormuz Strait: Energy Secretary

Outdated intel likely led US to carry out deadly strike on Iranian elementary school, AP sources say

SCROLL FOR NEXT