essay on indian rafale deal ..plss guys writte it in your own words dont copy it from Google its very important
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Answer:
Explanation:
The Rafale deal controversy is a political controversy in India related to the purchase of 36 multirole fighter aircraft for a price estimated at €.8 billion by the Defence Ministry of India from France's Dassault Aviation. The origin of the deal lies in the Indian MRCA competition, a multi-billion dollar contract to supply 126 multi-role combat aircraft to the Indian Air Force (IAF).
During an official visit to France in April 2015, Indian prime minister Narendra Modi announced that India would acquire 36 fully built Rafales citing "critical operational necessity". In July 2015, defence minister Manohar Parrikar informed the Rajya Sabha that the tender for 126 aircraft had been withdrawn and negotiations for 36 aircraft had begun. In January 2016, India and France signed a memorandum of understanding (MoU) for acquisition of 36 aircraft without finalising the financial terms of the acquisition. In May 2016, the two sides arrived at a figure of €7.87 billion (₹58,891 crore) for the agreement, compared to €11.8 billion quoted in April 2015 and €8.6 billion quoted in January 2016. Unnanmed government officials quoted by Press Trust of India said that the decrease in price was due to a change in escalation formula from a fixed 3.9% to a floating rate linked to European inflation indices along with a cap of 3.5%.
India will also get latest weapons like the Meteor and Scalp missiles as part of the contract, besides a five-year support package that assures high availability of the fighter. India will pay a 15% advance and deliveries are to start in three years.