PM's defence on pricing of Rafale deal demolished:Rahul

Agencies
February 13, 2019

New Delhi, Feb 13: Stepping up his attack on Prime Minister Narendra Modi over the Rafale issue, Congress president Rahul Gandhi on Wednesday cited a media report to claim that the PM's argument of better pricing and faster delivery of the jets to defend the deal has been "demolished".

His attack came after a report in The Hindu which claimed that the Rafale deal was not on"better terms" than the UPA-era offer.

"The PM defended his personal RAFALE bypass deal on 2 counts: 1. Better Price 2. Faster Delivery. Both have been demolished by the revelations in the Hindu today," he tweeted.

The government has in the past rejected all such allegations and claims against the deal.

Three senior Defence Ministry officials who were the domain experts on the seven-member Indian Negotiating Team (INT) came to a "well-substantiated and clear conclusion" that the Narendra Modi government's new Rafale deal for 36 flyaway aircraft was not on "better terms" than the offer made by Dassault Aviation during the procurement process for 126 aircraft under the United Progressive Alliance government, the report in the English daily said.

Citing the report, Congress' chief spokesperson Randeep Singh Surjewala said the "theft has been caught".

Surjewala highlighted four points citing the report -- price of 36 Rafale jets was 55 per cent higher than the UPA-era offer, loss incurred by not taking 25 per cent discount for Rafale as offered by Eurofighter, bank and sovereign guarantee waived, and no aircraft for 10 years with escalation cost to be paid.

The Congress' attack came a day after, Gandhi accused the prime minister of "treason" and violating the Official Secrets Act by acting as Anil Ambani's "middleman" in the Rafale jet contract, citing an email to claim the businessman was aware of the deal days before India and France finalised it.

The BJP, however, had rejected the charge, saying the email purportedly by an Airbus executive referred to a helicopter deal and not Rafale.

Reliance Defence, in a statement, also refuted Gandhi's allegation saying the "proposed MoU" mentioned in the email referred to its cooperation with Airbus Helicopter.

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News Network
June 1,2020

New Delhi, Jun 1: The Directorate General of Civil Aviation (DGCA) on Monday asked airlines to allot seats in flights in such a manner that middle seats are kept vacant to the extent possible.

However, if a flyer has been allotted the middle seat due to a high passenger load "then additional protective equipment like the wrap-around gown of the Ministry of Textile approved standards" must be provided to that passenger in addition to three-layered face mask and face shield, said the DGCA order, which has been accessed by news agency.

India resumed its domestic passenger flights from May 25 after a gap of two months due to the coronavirus-triggered lockdown. International commercial passenger flights continue to remain suspended in the country.

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News Network
March 20,2020

New Delhi, Mar 20: The government on Thursday said one Indian who tested positive for coronavirus has died in Iran while the other citizens infected with the disease are being provided treatment and taken care of by the Iranian government.

Noting that the virus tends to be more fatal for those whose immunity levels are low, a senior MEA official said the deceased, an elderly person, belonged to the vulnerable age group and had health-related complications.

The death was not because of lack of medical attention or care, he said.

"We have evacuated 590 people from Iran where the situation is very severe. The Indians infected with coronavirus in Iran have been segregated and taken care of very well by the government there. We believe they will recover and we will bring them back," the MEA official said, adding that 201 Indians were evacuated from Iran on Wednesday.

The official said closely knit families required some persuasion and counselling during the process of segregation to prevent the spread of the contagion.

The Indian ambassador and other officials explained the consequences of infected people not being separated from their families and were successful to a large extent in segregating the positive cases from the negative ones, he said.

"Some pilgrims and students are still there and our embassy and mission are in control (of the situation)," the official said.

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Agencies
February 10,2020

New Delhi, Feb 10: The government is set to privatise Central Electronics Ltd, a CPSE under the Department of Science and Technology, by selling its 100% stake with management control and has invited the Expression of Interest for the same by March 16.

The selected bidder will be required to lock in its shares for a period of three years during which it cannot undertake the sale of its stake in CEL, the PIM (Preliminary Information Memorandum) said.

"The government of India has 'in-principle' decided to disinvest 100 per cent of its equity shareholding in CEL (which is equivalent to 100 per cent of the total paid up equity share capital of CEL) through Strategic Disinvestment with transfer of management control (Strategic Disinvestment or Transaction)," DIPAM, the Disinvestment Department, said.

The process for the transaction has been divided into two stages, namely, Stage I and Stage II.

After BPCL and Air India, this is yet another CPSE which government is slated to privatise if it gets offers from bidders.

The government has set a challenging target of Rs 2.1 lakh crore disinvestment proceeds from CPSE sell-offs and IPOs, OFSs (Offer for sale) in the next fiscal and it going out all guns blazing to meet that target after revising this fiscal target of Rs 1.05 lakh crore to Rs 65,000 crore.

The Interested Bidders (which can also include employees of CEL) must have a minimum net worth of Rs 50 crore as on March 2019. DIPAM has released complete invitation Preliminary Information Memorandum (PIM) of CEL. Resurgent India Limited is the advisor to the Transaction.

CEL is a pioneer in the country in the field of Solar Photovoltaic (SPV) with the distinction of having developed India's first Solar cell in 1977 and first Solar panel in 1978 as well as commissioning India's first solar plant in 1992.

More recently, it has developed and manufactured the first crystalline flexible solar panel especially for use on the passenger train roofs in 2015.

Its solar products have been qualified to International Standards IEC 61215/61730. CEL is further working on development of a range of new and upgraded products for signaling and telecommunication in the railway sector.

In the SWOT analysis of the CPSE, DIPAM has stated under weakness that "the company has weak financial loss due to past losses, high manufacturing cost and non payment of dues by state nodal agencies affecting the financial position of the company".

The CPSE has adequate land for expansion, the SWOT analysis said adding "the CPSE faces threat of dumping of solar cells at very low rates which makes solar PV manufacturing industry unviable".

Entry of new players in the market for solar products and railway signalling systems also is cited as a threat.

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