CAG says offset obligations under Rafale deal yet to be fulfilled; 'opening can of worms?' asks Congress' P Chidambaram

The Dassault Aviation is the manufacturer of the Rafale jets while MBDA supplied the missile systems for the aircraft French aerospace major Dassault Aviation and European missile maker Matra BAE Dynamics Alenia are yet to fulfill> their offset obligations of offering high technology to India under the Rafale aircraft deal, the Comptroller and Auditor General said in a report released on Wednesday. Meanwhile, under India’s offset policy, foreign defense entities are mandated to spend at least 30 percent of the total contract value in India through the procurement of components or setting up research and development facilities. The CAG also painted a grim picture of the efficacy of India’s offset policy saying it did not find a single case of foreign vendors transferring high technology to the Indian industry, adding the defense sector ranked 62nd out of 63 sectors receiving FDI. The CAG also painted a grim picture of the efficacy of India’s offset policy saying it did not find a single case of foreign vendors transferring high technology to the Indian industry, adding defense sector ranked 62nd out of 63 sectors receiving FDI.