Paan Singh
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That seems justified financially. If i am not wrong than for every procurement, our armed forces have to pay half (or some %) of the amount of the deal in advance after the signing of the contract, now that means we are talking about billions of dollars of advance payment, how could IAF pay it in mid fiscal?? but they can pay it if the fiscal ends & they get new capital budget.
i dont think ..funds will be released per year not half