STOCK MARKET BSE NSE

CAG report on defence offset performance in next Parliament session: FM Sitharaman

The report of the Comptroller and Auditor General of India (CAG) on offset performance was scheduled to be tabled in the last session of Parliament but could not be done.

Published: 22nd August 2020 08:15 PM  |   Last Updated: 22nd August 2020 08:15 PM   |  A+A-

FM Nirmala Sitharaman

FM Nirmala Sitharaman. (Photo | PTI)

By PTI

NEW DELHI: Finance Minister Nirmala Sitharaman on Saturday said the CAG report on defence offset performance will be tabled in the forthcoming session of Parliament.

The report of the Comptroller and Auditor General of India (CAG) on offset performance was scheduled to be tabled in the last session of Parliament but could not be done as the session had to be curtailed following the outbreak of coronavirus pandemic.

"The C&AG Report No 20 of 2019. Defence Offset Performance was scheduled to be tabled in Parliament during the budget session (2020). The session ended, before date, due to COVID. Now the report will be placed in the next session. The contents will be known only after that," Sitharaman said in a series of tweets.

ALSO READ | Rahul welcome to fight 2024 polls on Rafale issue: BJP hits back at Congress MP

Observing that the first Rafale fighter jet was handed over to India in October 2019, the minister said, "There is a year-wise phasing of how much offset obligation the companies/OEMs have to fulfill. MoD informs me that claims of such obligations being fulfilled are coming in."

Last month, India received the first set of five Rafale fighters from France.

In the 36 aircraft deal, signed for around Rs 58,000 crore, Dassault Aviation has agreed to provide all fighters in a fly away condition between 36 to 67 months from the date of signing of the inter-governmental agreement in 2016.

Congress leader Rahul Gandhi on Saturday made a fresh attack on the government over the Rafale fighter aircraft deal.

In a tweet, Gandhi quoted a source-based news report which claimed that the CAG has submitted its performance audit on defence offset contracts to the government with no mention of any offset deals related to the purchase of Rafale aircraft.

More from Nation.

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

IPL_2020
flipboard facebook twitter whatsapp