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Nothing final until cabinet puts its seal: Parrikar after BJP’s ‘Rafale deal finalised’ tweet

India TV News Desk 21 Apr 2016, 14:26:06 IST
India TV News Desk

New Delhi: Distancing himself from claims made by BJP social media team that Rafale aircraft deal with France has been “finalised” at $8.8 billion (Rs 59,000 crore), defence minister Manohar Parrikar on Thursday said it is not complete as yet but at an “advanced stage” and and the deal can not be final until the Cabinet approves it.
Taking a dig at the media and his own party’s media handlers,Parrikar told reporters in the capital “Sometime you people write something so convincingly that they (his Party’s media managers) get convinced.”

BJP had on Wednesday tweeted a graphic, saying that the Rafale combat aircraft deal has been “finalised” and the Narendra Modi government had saved over Rs 21,000 crore in the “re-negotiation” with the French government.

Defence ministry sources had earlier said the deal was at an advanced stage and both India and France had narrowed down their differences over the pricing issue.


Rafale deal: 'Strengthening defence capabilities'- Modi government saved $3.2 billion out of $12 billion deal. pic.twitter.com/0wXuSBzb2l

— BJP (@BJP4India) April 19, 2016

“I can only tell you this much that while the deal is in quite an advanced stage, and we intent to close it quite soon, I still can’t say that negotiations are totally cleared until we sign the deal or at least the deal is forwarded to the Cabinet for approval,” Parrikar told reporters in New Delhi.

The deal is expected to be finalised by May end. India has been bargaining hard with France over the pricing of the 36 fighter planes, a deal that was announced first by Prime Minister Narendra Modi in April 2015.

The cost of the 36 Rafales, as per the earlier tender while keeping the cost escalation into account, comes to around Rs 65,000 crore.

India has been bargaining for a price that is less than 8 billion Euro (Rs 59,000 crore).

“The deal to buy 36 state-of-the-art Rafale aircraft from France at 12 billion dollar (Rs 80000 crore) was re-negotiated and finalised at 8.8 billion dollar (around Rs 59000 crore),” the BJP tweet had said.

The government “saved” public money and the deal resulted in gain of “technological knowledge” and “strengthening the air power to defend the border”, it had said.