financetom
Business
financetom
/
Business
/
SC seeks pricing details of Rafale jets: Government will give appropriate response, says BJP
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
SC seeks pricing details of Rafale jets: Government will give appropriate response, says BJP
Oct 31, 2018 1:56 PM

In a major blow to the government, the Supreme Court on Wednesday asked the centre to submit pricing details of the Rafale deal in a sealed cover within ten days.

The government stuck to its stand that the price of each Rafale Jet is confidential and has not even been disclosed to the parliament.

A bench headed by chief justice Ranjan Gogoi also said that details, including the steps in the decision-making process for the procurement of jets, which could "legitimately" be brought into public domain, be made available to the parties who have filed petitions before it in the matter.

After the court dictated the order, Attorney General K K Venugopal told the bench that pricing details of these jets were not even shared with Parliament.

The bench, which also comprised Justices U U Lalit and K M Joseph, told the Attorney General that if the pricing detail was "exclusive" and it could not be shared with the court then the centre should file an affidavit in this regard and say so.

CNBC-TV18 spoke with Pawan Kheram, Congress spokesperson; Syed Zafar Islam, BJP spokesperson; Majid Memon, senior Lawyer MP, NCP.

Islam said whatever the Supreme Court's observation will be examined by the government and appropriate response will be given.

“As far as Rafael deal is concerned we are absolutely confident and sure that that the Congress is making false allegations," Islam said, adding that whatever transaction has been concluded with the French government is above board and is in the interest of the nation and interest of Airforce, “he said.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
India AI, Meta India sign pact to spur innovation in AI, emerging tech
India AI, Meta India sign pact to spur innovation in AI, emerging tech
Jul 26, 2023
The MoU signed by India AI and Meta India aims to establish a framework for collaboration and cooperation in the field of artificial intelligence (AI) and emerging technologies, including making Meta's open-source AI models available for use by the Indian ecosystem.
Real potential for 5G lies within Rs 10,000 to Rs 15,000 price range, says Xiaomi India President
Real potential for 5G lies within Rs 10,000 to Rs 15,000 price range, says Xiaomi India President
Jul 21, 2023
Despite geopolitical tensions between India and China, the President of Xiaomi India, Muralikrishnan B, mentions that Xiaomi's business in India remained unaffected, and the company continued its operations without any significant impact.
Experts decode AI's use cases and transformative power across sectors
Experts decode AI's use cases and transformative power across sectors
Jul 26, 2023
The advent of artificial intelligence (AI) holds immense potential to revolutionise the global business landscape, empowering astute individuals and organisations to adopt smarter, more efficient ways of operating. However experts emphasise the necessity for brands and organizations to establish strict guardrails and prioritise data privacy protection.
India designates YES Bank's IT resources as critical information infrastructure
India designates YES Bank's IT resources as critical information infrastructure
Jul 26, 2023
Designated YES Bank employees, team members of contractual managed service providers, third-party vendors, and authorised consultants, regulators, government officials, auditors, and stakeholders will have access to these critical information infrastructure systems on a need-to-case basis, as mandated by the Ministry.
Copyright 2023-2026 - www.financetom.com All Rights Reserved