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NDA Rafale deal is 2.86% pc cheaper t...

Chalanachithram.com DB » New TF Industry Related » Archive through February 13, 2019 » NDA Rafale deal is 2.86% pc cheaper than UPA deal : CAG « Previous Next »
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Xxx
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Posted on Wednesday, February 13, 2019 - 10:13 am:       


Rajusk:

pre-conceived opinion that it is Govt's fault..




Even after knowing the facts , still supporting one group with pre-conceived notions is not me

https://www.youtube.com/watch?v=vgOdVI2mkyQ
-
 

Xxx
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Posted on Wednesday, February 13, 2019 - 10:11 am:       


Rajusk:

we are talking about quality of products from HAL




12000 crore due to HAL , if the quality is not good , do appropriate actions , not stopping to pay them , make PSU accountable and follow process to make them more efficient
-
 

Rajusk
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Posted on Wednesday, February 13, 2019 - 10:08 am:       


Xxx:

numerous issues but this govt is no different from previous




we are talking about quality of products from HAL.not about Government here..

hope you can separate the two and see

if you are coming with a pre-conceived opinion that it is Govt's fault..
 

Xxx
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Posted on Wednesday, February 13, 2019 - 10:06 am:       


Nyk:

enni boothulunnayo ee article lo



Dassault Aviation's investment in RADL not linked to Rafale deal Reliance Infra

https://www.theweek.in/wire-updates/national/2018/11/02/del4 9-rafale-ld%20reliance.html


https://www.businesstoday.in/current/economy-politics/rafale -deal-reliance-group-hits-back-at-rahul-gandhi-allegations-o f-kickbacks-from-dassault/story/287813.html
-
 

Xxx
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Posted on Wednesday, February 13, 2019 - 10:01 am:       


Uno:

but still we import for our strategic needs..ask any soldier about our INSAS rifles..they are suicide weapons..




that is the shame, MIG pilots were killed due to equipment failures , numerous issues but this govt is no different from previous
-
 

Nyk
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Posted on Wednesday, February 13, 2019 - 09:54 am:       


Xxx:

each day we can put a different number , aakada oka transparency vunda?

https://www.rediff.com/news/report/how-much-is-anil-ambanis- rafale-deal-worth/20181014.htm

Ten per cent of the total offset value would amount to no more than 390 million euros (Rs 33.12 billion). However, the Reliance Group itself has admitted it would benefit from offsets worth twice that amount.




enni boothulunnayo ee article lo

The Opposition, with Congress President Rahul Gandhi leading the charge, alleges that DRAL has -- at the government's behest -- been illegitimately awarded the entire offsets liability of Rs 300 billion.

ante 30000 crores..... total value of offsets(where 9000 crores itself with DRDO)

Dassault's share in the total offset Export Obligation (sic) is approximately 22 per cent, or Rs 66 billion... The balance 78 per cent of offsets is to be discharged by other companies such as Thales, Safran and MBDA, etc', the notice said.
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Dassault Aviation's Web site has posted a transcript of Trappier's interview with AFP in which he states: '(DRAL's Nagpur plant) should enable us to meet about 10 per cent of these offset obligations.
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Ten per cent of the total offset value would amount to no more than 390 million euros (Rs 33.12 billion).


10% of 66bn rupees ante entha....660 crores....rediff vaademo rendu rakala statements vesadu....

However, the Reliance Group itself has admitted it would benefit from offsets worth twice that amount......this may be about Joint Venture with Thales,..... adoka 10% veskunna overall 1200 crores contract... oka 100crores aina profit under vadiki..... I pity anil AMBANI.... dei neeeku vachedi naalugu rupayilu kooda ledhu gaani veellantha ninnu sanka nakistunnaru..


ee pappu gaadiki 30000crores ekkada nundi vachindi.... adi vini medhavulantha bayalderinaru
 

Rajusk
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Posted on Wednesday, February 13, 2019 - 09:53 am:       


Ringo_rangaswamy:

nuvvu vesina lekka choosina 30,000 crores Anil Ambani ki anna metta poo argument from Rahul is wrong.

Neech congress using pappu gandhi to push fake arguments.




Urgent Production issue vachindi..last 1 hour gaa busy..wait maadi :D
 

Teluguhero
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Posted on Wednesday, February 13, 2019 - 09:47 am:       


Xxx:

even small kids knows how amabani got it , vaadiki expertise laadu




LOL

https://www.opindia.com/2018/10/fresh-controversy-erupts-aft er-french-media-claims-deal-with-reliance-was-mandatory-for- dassault/

"The report also claims Anil Ambani is unknown in the defence industry. Fact is Reliance Defence is a known name in the industry and they have just won a deal worth ₹ 15,000 crore billion to maintain the warships of the seventh fleet of US Navy, among many other deals. 7th fleet is the largest fleet of the US Navy and its fleet size and firepower is actually more than entire Indian navy."

"Therefore, it is very much possible that the Dassault official was talking about offset partnerships as a whole and not specifically about the Reliance deal. Because offset partnerships are indeed mandatory as per Indian rules. It is worth mentioning that DRDO is largest offset partner in the Rafale deal, and Reliance’s total share in it will be minor, which at present stands at less than 3%, which is the investment Dassault has made in the Nagpur plant"
 

Ringo_rangaswamy
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Posted on Wednesday, February 13, 2019 - 09:41 am:       


Xxx:


each day we can put a different number , aakada oka transparency vunda?

https://www.rediff.com/news/report/how-much-is-anil-ambanis- rafale-deal-worth/20181014.htm






First,

nuvvu vesina lekka choosina 30,000 crores Anil Ambani ki anna metta poo argument from Rahul is wrong.

Neech congress using pappu gandhi to push fake arguments.
 

Uno
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Posted on Wednesday, February 13, 2019 - 09:38 am:       


Xxx:

we have ISRO , which had many failures and so much spent before it became a shining star
do we need something in defense that is indigenous and prosper in future with threats from china and Pak and not depend on others?




All PSUs are not equal..
cos most of them have monopoly ..we forget their failures and celebrate only their little success stories

ONGC,BSNL,VSNL to SBI are public companies and are making Huge profits..but a fraction of what a similar company in private sector can do with same amount of Investment

PSUs have govt back up and they get orders and paid by Govt almost automatically..no motivation to improve or no accountability or fear for results

coming to defense we have countless Ordinance factories supplying ammunition,rifles,tanks and missiles to Army..but still we import for our strategic needs..ask any soldier about our INSAS rifles..they are suicide weapons..(I have fired one)

Not a single indigenous defense product made by us is exported..even Pakistan exports fighter jets !
 

Rajusk
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Posted on Wednesday, February 13, 2019 - 09:33 am:       


Xxx:

blind gaa agenda based tho I never post , unlike others.




all the points posted here in this topic..are posted at least 5/6 times..

nene oka 2/3 times post chesanu..LOL..

anyways..if it is a genuine doubt..please read thru all the details presented without aligning to a party
 

Xxx
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Posted on Wednesday, February 13, 2019 - 09:31 am:       


Rajusk:

vvala rotation lo XXX goru chance today




blind gaa agenda based tho I never post , unlike others.
-
 

Rajusk
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Posted on Wednesday, February 13, 2019 - 09:29 am:       


Nyk:

papam antha kalisi anil kurrodi meedha pagabattesaru.




btw..ee Anil kurrod firms ki lawyer is Kapil Sibal of Khangress :D
 

Rajusk
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Posted on Wednesday, February 13, 2019 - 09:27 am:       


Uno:

Ambani is just backend for commercial ,logistical and coordination reasons..all technical and production management is done by Dussault




ivvala rotation lo XXX goru chance today..

better to have a copy of all that you have posted today, so that you can copy and paste again :-)
 

Nyk
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Posted on Wednesday, February 13, 2019 - 09:27 am:       

reliance has JVs with dussault and thales...... and it is sharing the offsets' value of thales and dussault along with 70 companies.....

some of the other companies
TATA
HCL
BEL
BEL-THALES JV
L&T
TCS
CAPGEMINI
LAKSHMI MACHINE WORKS
MAHINDRA
TITAN
WIPRO
etc.... (60-70 partners)





papam antha kalisi anil kurrodi meedha pagabattesaru..... congi batch annani touch cheyaleka tammudi meedha padtunnaru
 

Xxx
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Posted on Wednesday, February 13, 2019 - 09:26 am:       


Uno:

y post for in reference to HAL (efficiency of Govt PSUs)




we have ISRO , which had many failures and so much spent before it became a shining star
do we need something in defense that is indigenous and prosper in future with threats from china and Pak and not depend on others?
-
 

Xxx
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Posted on Wednesday, February 13, 2019 - 09:24 am:       


Nyk:

breakup choosina tarwatha kooda janalaki artham kaaledhu ante




each day we can put a different number , aakada oka transparency vunda?

https://www.rediff.com/news/report/how-much-is-anil-ambanis- rafale-deal-worth/20181014.htm

Ten per cent of the total offset value would amount to no more than 390 million euros (Rs 33.12 billion). However, the Reliance Group itself has admitted it would benefit from offsets worth twice that amount.
-
 

Uno
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Posted on Wednesday, February 13, 2019 - 09:23 am:       


Xxx:

why did I say CBN is good .. or supported kicking of AAI ?

akkada Amabani who is not even related got the deal .. even small kids knows how amabani got it , vaadiki expertise laadu , not even successful only lobbying

Don't mix all other things not related , nenu bob supporter ni kaadu ,




Have I said that modi has not favoured ambani?
My post for in reference to HAL (efficiency of Govt PSUs)
Ambani is just backend for commercial ,logistical and coordination reasons..all technical and production management is done by Dussault
 

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Posted on Wednesday, February 13, 2019 - 09:18 am:       


Nyk:

e breakup choosina tarwatha kooda janalaki artham kaaledhu ante..... god bless you amma



Rajusk:

ee news Eenadu or AJ lo vachinda ?

English media is not credible anta gaa ..kiki


 

Ringo_rangaswamy
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Posted on Wednesday, February 13, 2019 - 09:17 am:       


Awara1984:

Offset ante 30000 create investment kaadu
30000 crs worth of products need to be procured from Indian companies
So Dassault can procure 30k worth of products from many companies which include DRDO etc
Oka Vela indulo major share ambani ki icharu anukundamu still it is revenues part and not profits
So Ambani will make some percentage of the total orders and only some part of it will be profit





Numbers more correctly here :


Nyk:

total value of offsets: 30000 (appx)

70%private(21000cr), 30% DRDO(9000cr)

of the 21000cr

Thales:6300crore(30%)

SAFRAN: 6300 crore(30%)

DUSSAULT: 8400 CRORE(40%)


in this dassault share....almost 40 to 50 firms are there....one of the company is reliance along with dussault (Joint Venture)..... not even 1000crore to reliance....


 

Rajusk
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Posted on Wednesday, February 13, 2019 - 09:17 am:       


Uno:

you should be aware of HAL track record..just last week a fighter jet crashed while doing a test sortie




ee news Eenadu or AJ lo vachinda ?

English media is not credible anta gaa ..kiki
 

Awara1984
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Posted on Wednesday, February 13, 2019 - 09:13 am:       


Xxx:




Offset ante 30000 create investment kaadu

30000 crs worth of products need to be procured from Indian companies

So Dassault can procure 30k worth of products from many companies which include DRDO etc

Oka Vela indulo major share ambani ki icharu anukundamu still it is revenues part and not profits

So Ambani will make some percentage of the total orders and only some part of it will be profit
 

Nyk
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Posted on Wednesday, February 13, 2019 - 09:12 am:       


Nyk:

total value of offsets: 30000 (appx)

70%private(21000cr), 30% DRDO(9000cr)

of the 21000cr

Thales:6300crore(30%)

SAFRAN: 6300 crore(30%)

DUSSAULT: 8400 CRORE(40%)


in this dassault share....almost 40 to 50 firms are there....one of the company is reliance along with dussault (Joint Venture)..... not even 1000crore to reliance....





ee breakup choosina tarwatha kooda janalaki artham kaaledhu ante..... god bless you amma
 

Ramjirao
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Posted on Wednesday, February 13, 2019 - 09:12 am:       

2.86% cheap antee is it a big deal??
 

Landcruiser
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Posted on Wednesday, February 13, 2019 - 09:12 am:       

CAG ni kooda corrupt chesara BJP gallu.....ED, CBI ippudu CAG.....inkemanna migilindha ra ? meeku meere certificate lu ichhukontunnaru....
 

Xxx
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Posted on Wednesday, February 13, 2019 - 09:11 am:       


Uno:

f you had valid reason for kicking out of AAI,why not you think the same with HAL ?




why did I say CBN is good .. or supported kicking of AAI ?

akkada Amabani who is not even related got the deal .. even small kids knows how amabani got it , vaadiki expertise laadu , not even successful only lobbying

Don't mix all other things not related , nenu bob supporter ni kaadu ,
-
 

Nyk
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Posted on Wednesday, February 13, 2019 - 09:10 am:       


Xxx:




total value of offsets: 30000 (appx)

70%private(21000cr), 30% DRDO(9000cr)

of the 21000cr

Thales:6300crore(30%)

SAFRAN: 6300 crore(30%)

DUSSAULT: 8400 CRORE(40%)


in this dassault share....almost 40 to 50 firms are there....one of the company is reliance along with dussault (Joint Venture)..... not even 1000crore to reliance....
 

Ringo_rangaswamy
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Posted on Wednesday, February 13, 2019 - 09:10 am:       


Awara1984:

Ambani ki Emi icharo cheppu first?





2012 UPA negotiations with Rafael lonay Anil Ambani unnadu
 

Ringo_rangaswamy
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Posted on Wednesday, February 13, 2019 - 09:08 am:       


Xxx:






Vinedhi mana aithe cheppe vaadu Rahul Gandhi annattu undi


Offset value is 30,000 crores
Nearly 60-70 companies get that spend

Reliance gets about 800 crores out of that as investment
 

Uno
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Posted on Wednesday, February 13, 2019 - 09:03 am:       


Xxx:

ustification aa ? Just like AP is kicked out ?

sambandam vundaa ? If CBN crook, or xyz is cook does not justify that others to be crooks too




Not justification..just letting you know that the other four fingers points towards us

If you had valid reason for kicking out of AAI,why not you think the same with HAL ?

If you think Modi is favoring Ambani,they was CBN not doing the same with GMR ? (by cancelling tender and calling for new tender altering tender rules to make AAI ineligible and favoring GMR ?)

Just AAI ,HAL is a govt company and you should be aware of HAL track record..just last week a fighter jet crashed while doing a test sortie
 

Teluguhero
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Posted on Wednesday, February 13, 2019 - 09:02 am:       


Xxx:

aame sir vaadu ? how they can say free ? Rafel selected ambani , and not HAL or TATA




free ? If you really want know the truth, check below link

https://www.opindia.com/2018/09/fact-check-here-are-facts-of -rafale-deal-that-are-being-selectively-ignored-by-politicia ns/

Has Modi taken away the contract to make Rafale in India from HAL and given it to Reliance?

No. This allegation is totally false. The 36 jets that India will be purchasing from France, will be 100% manufactured in France. India is buying them off-the-shelf. Not a single Rafale jet will be manufactured in India. So the question of either HAL or Reliance making it in India does not even arise. If India decides to buy any more Rafale fighters, they may be made in India in future, but that will be under a separate agreement.


Has Anil Ambani got a contract worth US$ 20 billion?

No. India will pay US $8.9 billion for the 36 fighter jets. And as per offset obligations imposed by India, Dassault will have to invest back 50% in India. Although Rahul Gandhi had initially alleged that Reliance will benefit by US$ 4 billion, approximately the entire offset amount, later he added US$ 16 billion for “Rafale lifecycle Contract†that Reliance was supposed to get.

No so-called “lifecycle†contract has been signed by anyone, no such deal exists. This is purely a falsehood of ‘Clown Prince’ as Arun Jaitley has christened him recently. And no, Reliance is not getting the entire value of offset investment either. Both US$ 20 billion and US$ 4 billion figures are baseless.

Is Reliance is the sole partner of Dassault in India for the Rafale deal?

No. Reliance is not the only business house that Dassault has partnered with for the offset obligation. So far, Dassault has finalised agreements with 72 different companies to supply various products and services. One company among those 72 is Dassault Reliance Aerospace. The list of Indian Offset Partners of Dassault includes other Indian business groups like L&T, Mahindra Group, Kalyani Group, Godrej & Boyce, Tata group etc. As per the offset clause, Dassault is free to select partners as per its need. And it is not necessary that the offset partners will have to work on the Rafale project only, they can work on any project by Dassault.

Dassault is negotiating with tens of other companies for contracts. A jet plane is an extremely complex machine, with thousands of different parts, each manufactured to perfection, that comes from hundreds of different companies. Aircraft manufacturers source their components from all over the world. Even if there was no offset obligation, Dassault will still have to source parts from numerous companies, the offset obligation ensures that some of those companies are from India. Which increases investment in the country, leads to job creation, and help in overall growth in the economy.
 

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Posted on Wednesday, February 13, 2019 - 09:02 am:       


Xxx:

ISRO , HAL etc are supposed to be get benefited if they have full govt support, if they are not efficient ,try to make it better




Innovation is better than repairing ani ala mundhuku poyuntaru le ..why would Ambani go bankrupt in this deal , whatever Dassault setsup in Indai is ready to produce plants ..so safe deal for them. Lets hope for the best man..gatha 40yrs ga defence lo em peekaru manollu give another 5yrs and see
 

Xxx
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Posted on Wednesday, February 13, 2019 - 08:58 am:       


Uno:

AI ,the winner of Bhogapuram Airport contract was




justification aa ? Just like AP is kicked out ?

sambandam vundaa ? If CBN crook, or xyz is cook does not justify that others to be crooks too
-
 

Xxx
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Posted on Wednesday, February 13, 2019 - 08:57 am:       


Twitter:

sami HAL never delivered in time oka reason and Ambani offered everythin




Ambani will offer everything , what is there to lose him ? He will put another bankruptcy after loot , inkaa HAL , where is the support from Govt? they are not even paid for the dues before
ISRO , HAL etc are supposed to be get benefited if they have full govt support, if they are not efficient ,try to make it better
-
 

Uno
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Posted on Wednesday, February 13, 2019 - 08:56 am:       


Xxx:

HAL is kicked out and ambani is in , inkaa logic aavasarama?




just like AAI ,the winner of Bhogapuram Airport contract was kicked out !



BTW Govt is replacing ordinance factory made INSAS Rifles with US made Sig Sauer SIG716 Assault Rifles
 

Xxx
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Posted on Wednesday, February 13, 2019 - 08:55 am:       


Raman:




aame sir vaadu ? how they can say free ? Rafel selected ambani , and not HAL or TATA
-
 

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Posted on Wednesday, February 13, 2019 - 08:52 am:       


Xxx:

HAL is kicked out and ambani is in , inkaa logic aavasarama?




sami HAL never delivered in time oka reason and Ambani offered everything what Dassault was looking for
 

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Posted on Wednesday, February 13, 2019 - 08:52 am:       

papam Rahul gadu ee rafeal scam ni use chesukoni PM kavalanukunnadu!!

like vp sing boforse ni use chesukoni pm ayinatlu!!

leggu baboo leggu mana Babori leggu! adi pakkanunte nuvvu PM kadu gada MP vi kooda kalevu!!! kiki....

Mulayam gadu paye!! rafael poye!!!
2014: main villan congress ki ycp relation antagatti, second villan bjp help tho gelicharu...

2019: second villan bjp ki ycp ki relation antagatti main villan congress help tho gelavalani kutra pannuthunnaru...
-•———————————————————————

Minion stmt...,,about bob

okkadu lo prakash raj (cbn) bammardhi ni sampi(SS) dandesthunatu ..akkada unna valla paristhithi (opp parties)
 

Raman
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Posted on Wednesday, February 13, 2019 - 08:50 am:       


Xxx:


enti free na ?
 

Xxx
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Posted on Wednesday, February 13, 2019 - 08:49 am:       


Raman:

oney ambani will get ?




30000 crore investment
-
 

Raman
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Posted on Wednesday, February 13, 2019 - 08:44 am:       

howmuch money ambani will get ?
 

Raman
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Posted on Wednesday, February 13, 2019 - 08:44 am:       

what is ambani s stake eeda asalu ardam kaledu ambani partnering with dassult not indian govt know?
 

Aggipidugu116
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Posted on Wednesday, February 13, 2019 - 08:41 am:       


Xxx:

chaduvukuna vaachamu




Ayite needi krishna jilla kaadu ..lol
 

Xxx
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Posted on Wednesday, February 13, 2019 - 08:28 am:       

Surgerical strikes aanta oo nijama aane support , ee deal ki support,

one lakh for Vizag metro ki support .. kaanivandi ,
-
 

Xxx
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Posted on Wednesday, February 13, 2019 - 08:26 am:       

maaku telusu swamy , chaduvukuna vaachamu and working here
-
 

Xxx
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Posted on Wednesday, February 13, 2019 - 08:25 am:       


Awara1984:

Ambani ki Emi icharo cheppu first?




oori devudo ,, 50% money back to be invested from the amount paid kaada ?
-
 

Rajusk
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Posted on Wednesday, February 13, 2019 - 08:24 am:       


Awara1984:

Ambani ki Emi icharo cheppu firs




Trying to explain to Khangress fans..LOL
 

Awara1984
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Posted on Wednesday, February 13, 2019 - 08:23 am:       


Xxx:




Ambani ki Emi icharo cheppu first?
 

Xxx
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Posted on Wednesday, February 13, 2019 - 08:21 am:       


Ringo_rangaswamy:

Ambani ki emi icharo thakkuna cheppu?




why is it given to amabni ?
-
 

Ringo_rangaswamy
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Posted on Wednesday, February 13, 2019 - 08:11 am:       


Xxx:

HAL is kicked out and ambani is in , inkaa logic aavasarama?






Ambani ki emi icharo thakkuna cheppu?
 

Xxx
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Posted on Wednesday, February 13, 2019 - 08:08 am:       


Aggipidugu116:

Its mich better deal for india..




Made in Ambani aa ? Made in India ?
-
 

Xxx
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Posted on Wednesday, February 13, 2019 - 08:07 am:       

HAL is kicked out and ambani is in , inkaa logic aavasarama?
-
 

Awara1984
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Posted on Wednesday, February 13, 2019 - 08:01 am:       

TTs and Co dry fruits ayyara
 

Aggipidugu116
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Posted on Wednesday, February 13, 2019 - 07:57 am:       

Gujju gaani purse nunchi dabbulu antha easy ga baitiki raavu.. rest assured ..
Its mich better deal for india..

Mari 9000 phone open Market lo dorikithe..12000 petti bulk lo koni maree istunna AP govt ni dobbuletting vundavalli.. kooo..
Daaniki paleru gallu bhale dancings cheseru..
 

Aristotle
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Posted on Wednesday, February 13, 2019 - 07:56 am:       

everyday, Rafaele paina oka article from The Hindu by Ram...don't know whats he want to prove..first day ayithey cropped docement tho oka article rasadu...
marii darunamuga tarayyadu
 

Raman
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Posted on Wednesday, February 13, 2019 - 07:52 am:       

xongigallu basic model idi loaded
 

Twitter
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Posted on Wednesday, February 13, 2019 - 07:50 am:       

kikki koo koo dhoola theerindhi haters ki ..kevalam inflate aina cost ni batti buradha challestharra ..facts thelusukondi
 

Nyk
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Posted on Wednesday, February 13, 2019 - 07:50 am:       


Nyk:

"In case of any breach of agreement Indian party (Ministry) would have to first settle it through Arbitration directly with the French vendors. If the Arbitration award were in favour of Indian party and the French vendor fails to honour the award (make the payment's claim), Indian party should exhaust all available legal remedies, then the French Government would make these payments on behalf of the vendors," the report said.


 

Nyk
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Posted on Wednesday, February 13, 2019 - 07:48 am:       


Teenmaar:

The report on the offset deals, being prepared separately, includes the review of offset agreements in the Rafale deal where the opposition had raised objections of favouring Reliance of the Anil Ambani group, which is a key offset partner of Dassault Aviation in the Rafale deal.

so no answer from cag.. and




probe can not be done on the basis of perception....

what is the scope and role of govt in offset deals which are private and not a concern to GoI as per the agreement......






Teenmaar:

CAG said in the previous offer of 2007, Dassault Aviation had provided performance and financial guarantees which was about 25 per cent of the total value of the contract.




lol it is not 25%.... it is 15% means..around 4000crore... (we got 3% cheaper and saved upto 27000crores...due to change over from fixed and firm cost(UPA) to indices based cost)

when the french government itself is a guarantee in the deal, i want to cite the DPP-2013 policy

"There may be occasions when procurements would have to be done from friendly foreign countries which may be necessitated due to geo-strategic advantages that are likely to accrue to our country. Such procurement would not classically follow the Standard Procurement Procedure and the Standard Contract Document but would be based on mutually agreed provisions by the governments of both the countries. Such procurement will be done based on an Inter-Governmental Agreement after clearance from CFA (Competent Financial Authority)," the para 71 of the Defence Procurement Procedure, 2013 clarifies.

ATTORNEY GENERAL ON LETTER OF COMFORT

However, the French government and Dassault Aviation neither agreed to furnish the bank guarantees nor a government/sovereign guarantee, it stated.

"Instead it provided a 'Letter of Comfort' signed by the French Prime Minister in lieu of the Bank Guarantee," the report said.

The issue on sovereign guarantee and 'Letter of Comfort' was submitted to the CCS in September 2016 for consideration.

The CCS gave its acceptance along with other associated guarantees/assurances provided in the IGA in lieu of bank guarantee subject to payments through an escrow account or "any other safeguards which the ministry was to work out in consultation with the French Government with the assurance by the French Government that they shall provide effective oversight on the utilization of payments released to the French Industrial suppliers", the CAG report noted.

The French government, the report said, did not agree to an escrow account as it felt "the guarantees already provided by it were far reaching and unprecedented".

"In case of any breach of agreement Indian party (Ministry) would have to first settle it through Arbitration directly with the French vendors. If the Arbitration award were in favour of Indian party and the French vendor fails to honour the award (make the payment's claim), Indian party should exhaust all available legal remedies. Only then the French Government would make these payments on behalf of the vendors," the report said.
 

Rajusk
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Posted on Wednesday, February 13, 2019 - 07:45 am:       


Musicfan:

ee age lo Modi ki marriage avasaramaa




Ae age lo avasaram ani anukone vallu chesukontaru..

DogJoy Singh and YKW
 

Musicfan
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Posted on Wednesday, February 13, 2019 - 06:08 am:       


Abhysg:

Aadiki pelli seyyandra baboo..oorike twitter lo pisukkodame..lol




ee age lo Modi ki marriage avasaramaa?? :-) :-)
Mr Majnu Audio Review
 

Jacksparrow
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Posted on Wednesday, February 13, 2019 - 05:02 am:       


Doraveerachakra:

yellow shit poosina sepputho kottaaru gaa CAG vaallu cute rahul & his thoka supporters ni


as usual yellow shit is maha prasadam for thoka gang n pappu gang :D
 

Sunnyboy
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Posted on Wednesday, February 13, 2019 - 04:30 am:       

Bokkale anta pedda deal ki sovureign guarantee or bank gaurantee avasaram ledu ante, evadanna discount istaadu. Ambani gaadiki benefit cheyyatam kosam addamaina panulu chesi janaalni fools chestunnaaru
 

Abhysg
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Posted on Wednesday, February 13, 2019 - 04:28 am:       

Aadiki pelli seyyandra baboo..oorike twitter lo pisukkodame..lol
 

Doraveerachakra
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Posted on Wednesday, February 13, 2019 - 03:38 am:       

yellow shit poosina sepputho kottaaru gaa CAG vaallu cute rahul & his thoka supporters ni
 

Shikari
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Posted on Wednesday, February 13, 2019 - 03:36 am:       

statisticians laga CAG vallu kuda resign chestharemo..denemma..veella ishtam vachinattu rasukuntunnaru numbers
http://i.imgur.com/eUYcc.gif
 

Tintin
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Posted on Wednesday, February 13, 2019 - 03:32 am:       

Guarantee vadulu kunte price taggistaru by default.. ee PMO nisani batch direct negotiations line open chesi enni Guarantees meda compramise iyyaro telchali

Baffas knowledge level ki idhi pedha strategic win ye
 

Teenmaar
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Posted on Wednesday, February 13, 2019 - 03:20 am:       

cag on actual allegation

The report on the offset deals, being prepared separately, includes the review of offset agreements in the Rafale deal where the opposition had raised objections of favouring Reliance of the Anil Ambani group, which is a key offset partner of Dassault Aviation in the Rafale deal.

so no answer from cag.. and

CAG said in the previous offer of 2007, Dassault Aviation had provided performance and financial guarantees which was about 25 per cent of the total value of the contract.

so dassault already saved money. govt. ki hole
 

Nyk
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Posted on Wednesday, February 13, 2019 - 02:17 am:       

https://mobile.twitter.com/RahulGandhi/status/10955445909737 14432
Chandramukhi la maarutunna RaGa
 

Nyk
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Posted on Wednesday, February 13, 2019 - 02:10 am:       

As per report Govt saved 27000 crores
 

Nyk
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Posted on Wednesday, February 13, 2019 - 02:08 am:       

https://mobile.twitter.com/p_sahibsingh/status/1095585772197 957632


Kota style lo kikikikiki....
 

Nyk
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Posted on Wednesday, February 13, 2019 - 02:05 am:       

India saved 17.08% money with the current Rafale contract: CAG report

https://wap.business-standard.com/article/politics/parliamen t-live-india-saved-17-08-money-says-cag-report-on-rafale-dea l-119021300406_1.html

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