On a specific request from the Seychelles, Defense Minister AK Antony has agreed to provide one new Dornier and two Chetak helicopters from the Hindustan Aeronautics Limited for maritime surveillance at the earliest.
On a specific request from the Seychelles, Defense Minister AK Antony has agreed to provide one new Dornier and two Chetak helicopters from the Hindustan Aeronautics Limited for maritime surveillance at the earliest.
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.