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Rafale jet deal yet to be finalised: Parrikar

India’s multi-billion dollar Rafale fighter jet contract with France has not been finalised yet and is still in the negotiation stage, Defence Minister Manohar Parrikar informed Lok Sabha on Friday.

“Rafael deal is not through or final. If it is at all finalised in future, it will take time.  I would not like to comment on it as it is still in the negotiation stage,” he said during question hour. The Rafale deal for 126 jets is estimated to cost over USD 20 billion over the next decade and is considered to be the biggest global defence tender.

The Defence Minister said the Defence Acquisition Council has recently cleared 44 projects worth Rs 1,34,000 crore and all of them were critical for the armed forces.
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