No financial guarantees, weak legal recourse: CAG's Rafale report shows little options if contract breached

The CAG report tabled in Parliament confirms that the Cabinet Committee on Security headed by Narendra Modi approved the Rafale deal even though France and Dassault Aviation had both refused to furnish bank guarantees or sovereign guarantees.

from Latest News India on Firstpost http://bit.ly/2TOftEf
Greeshma Rai

Comments

Popular posts from this blog

Both COVID-19 vaccine doses needed for good protection against B16172 variant

New coronavirus variant emerge in India: How should our COVID response change?

120 flights delayed, 30 trains running late; Delhi fog & cold wave continue to give shiver to travellers