Already, India has been reduced from a joint collaborator to a financing partner in the FGFA project. The Indian work share in the venture is only 13 per cent, though it is paying 50 per cent of the projected cost of $10.5 billion agreed on in 2011. In terms of work, India's state-run Hindustan Aeronautics Ltd will contribute only tyres, basic navigational instrument VOR-DME, coolant for radar, laser designation pod and heads-up display. The situation in Russia after the break-up of the Soviet Union is grim. Significant portions of the increases in Russia's military procurement budget are being eaten up by inflation. The country's overall inflation rate in certain weapon categories is more than 30 per cent. The IAF is right trying to expedite the Rafale deal.
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