Modi govt. saved $3.2 billion out of $12 billion Rafale Fighter Jet deal

Even as the government has chosen to remain tight-lipped on the price bargain related to the purchase of Rafale fighter jets from France, the BJP on Wednesday announced on its official Facebook page that the deal has been finalised at $8.8 billion.

An image posted on the Bharatiya Janata Party's Facebook page said the Narendra Modi government "saved $3.2 billion (Rs.21,000 crore) out of the $12 billion (Rs.80,000 crore) deal".

"The deal to buy 36 state-of-the-art Rafale aircraft from France at $12 billion (around Rs.80,000 crore) was re-negotiated and finalised at $8.8 billion (around Rs.59,000 crore)," said the post, which also had an image of Modi.



The defence ministry refused to comment on the figure.

"When the deal is finalised, an announcement will be made. We have never given out any figures (related to the deal)," said an official from the ministry.

A BJP leader, meanwhile, said the government version on the deal should be considered as accurate, and was unsure how the post was published.

On Tuesday, Minister of State for Defence Rao Inderjit Singh said most of the roadblocks in negotiations on the Rafale deal had been overcome and it was likely to go to the Defence Acquisition Council (DAC) soon.

Earlier, sources said the negotiations on pricing had almost concluded, and the deal would be final soon.

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