Some of the stories of the courage displayed by India’s armed forces, awarded for conspicuous gallantry this Republic Day.
Although the design will be based on the Block 50 model, it will incorporate newer features that have, so far, only been included in the Block 60 Desert Falcons flown by the UAE Air Force and were part of the F-16IN Super Viper for the Indian Air Force tender for 126 Medium Multi Role Combat Aircraft.
A cost escalation of 50 percent (INR 63,000 crore, in this case) or more, requires approval again from the Ministry of Finance, before the Defense Acquisitions Council (DAC) can proceed with it. With the cost of the tender for India safely ranging from INR 83,000 crore to 1,25,000 crore, the revision of the estimated expenditure on the MMRCA would require the approval of the finance ministry.