"Why did the PM promote the interests of one industrial group, Reliance Defence Limited , which has led to the company tying up and entering into a joint venture with Dassault Aviation worth Rs 30,000 crore? Why was this done by the PM, bypassing the interests of a reputed PSU like HAL?" "Is it not then correct that per aircraft pricing of Rafale as per UPA negotiation comes to Rs 526 crore as against Modi government's per aircraft negotiated price of Rs 1,570 crore as per current exchange rate? he asked.Meanwhile, Reliance Defence Ltd denied the charge that the PM was promoting the company. "The JV between Reliance Aerostructure Ltd and Dassault Aviation is a bilateral agreement between two private companies.Dassault Aviation selected Reliance Aerostructure Ltd as its JV partner.

Source: Times of India November 14, 2017 23:14 UTC