No Sovereign Guarantee For Rafale, Government Admits In Supreme Court | Read
There is no sovereign guarantee that Dassault will meet its obligation of delivering the 36 Rafale fighter jets for which the country signed a Rs. 59,000-crore deal, the government admitted in Supreme Court on Wednesday. What is there, government's top law officer KK Venugopal told the court, was a "Letter of Comfort" from France - a written document that assures that an obligation will eventually be met.
