Defence Minister Nirmala Sitharaman said Tuesday that the Narendra Modi-led NDA government was getting the Rafale fighter jets at a rate nine per cent cheaper than what the UPA dispensation had agreed upon.
Talking to reporters here, she also said that it would be a "good fight" in the 2019 Lok Sabha election and exuded confidence that the BJP would come back to power.
Responding to questions on the Congress's allegations against the government over the Rafale aircraft deal, the minister said, "We have responded saying your basic price and the basic price that I am getting at, when compared with all the escalation and other things, is 9 per cent cheaper," she said.
Earlier Tuesday, former defence minister and senior Congress leader A K Antony questioned the Modi government, saying if the fighter aircraft purchased by them was cheaper, whey didn't the government buy more than 126.
Antony said Law Minister Ravi Shankar Prasad recently claimed that in the new agreement, the aircraft is nine per cent cheaper than the UPA deal, the finance minister said it is 20 per cent cheaper while an officer of IAF also said it is 40 per cent cheaper, then "Why did they not buy more than 126 if it was cheaper?" he told reporters.
The previous UPA government started negotiating in 2012 with French firm Dassault Aviation to buy 126 Medium Multi-Role Combat Aircraft (MMRCA).
The plan was for Dassault Aviation to supply 18 Rafale jets in fly-away condition while 108 aircraft were to be manufactured in India by the company along with HAL.
However, the deal could not be sealed.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
