CAG report on defence offset performance in next Parliament session: Nirmala Sitharaman

CAG report on defence offset performance in next Parliament session: Nirmala Sitharaman

By: REDHEART | New Delhi |

Up to date: August 22, 2020 10:21:40 pm


Nirmala Sitharaman, Nirmala Sitharaman on rafale, Nirmala Sitharaman CAG report, Parliament session, Parliament session covid, India news, “There’s a year-wise phasing of how a lot offset obligation the businesses/OEMs have to satisfy,” Sitharaman stated.

Finance Minister Nirmala Sitharaman on Saturday stated the CAG report on defence offset efficiency shall be tabled within the forthcoming session of Parliament.

The report of the Comptroller and Auditor Basic of India (CAG) on offset efficiency was scheduled to be tabled within the final session of Parliament however couldn’t be performed because the session needed to be curtailed following the outbreak of coronavirus pandemic.

“The C&AG Report No 20 of 2019…Defence Offset Efficiency was scheduled to be tabled in Parliament through the budget session (2020). The session ended, earlier than date, because of COVID. Now the report shall be positioned within the subsequent session. The contents shall be identified solely after that, Sitharaman stated in a collection of tweets.

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Observing that the primary Rafale fighter jet was handed over to India in October 2019, the minister stated, “There’s a year-wise phasing of how a lot offset obligation the businesses/OEMs have to satisfy. MoD informs me that claims of such obligations being fulfilled are coming in.”

Final month, India obtained the primary set of 5 Rafale fighters from France. Within the 36 plane deal, signed for round Rs 58,000 crore, Dassault Aviation has agreed to offer all fighters in a fly away situation between 36 to 67 months from the date of signing of the inter-governmental settlement in 2016.

Congress chief Rahul Gandhi on Saturday made a recent assault on the federal government over the Rafale fighter plane deal.

In a tweet, Gandhi quoted a source-based information report which claimed that the CAG has submitted its efficiency audit on defence offset contracts to the federal government with no point out of any offset offers associated to the acquisition of Rafale plane.

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