Why is Modi government paying more than UPA for Mi-17 V5 helicopters?

[doublemaster]

http://in.rbth.com/economics/2014/10/ @07/indian_pm_president_to_use_modified_mi-17_v5_helicopters_38849.html

Here is the UPA deal for the same chopper:
India ordered 80 Mi-17 V5 helicopters from Russia in 2008 for about $1.2 billion, which were expected to be delivered by the end of 2014. A follow-on clause was invoked to buy 59 more choppers for about $893 million.

India goes ahead with purchase of 48 Russian Mi17-V5 choppers | Russia & India Report

After being briefed about the progress made by the negotiations committee, the Defense Acquisition Council cleared the way for a deal to purchase four squadrons, or 48 Mi17-V5 (NATO reporting name Hip) choppers from Russia with a total cost of 6,966 crore rupees ($1.1 billion), according to the sources.

@The_Showstopper @Iggy

 

[doublemaster]

@The_Showstopper @Iggy

 

[Imran Khan]

mehngai ho gai hai bhi

 

[doublemaster]

mehngai ho gai hai bhi

Indian and Russian currency both lost value. For India its double loss and for Russia its double profit. Also i see previous government at later stage ordered additional 59 with almost same price then how could new government pay double? I smell some corruption here.

 

[Imran Khan]

Indian and Russian currency both lost value. For India its double loss and for Russia its double profit. Also i see previous government at later stage ordered additional 59 with almost same price then how could new government pay double? I smell some corruption here.

do we south asian ever have a gov deal without corruption ?no

 

[Mike_Brando]

@ranjeet bhai,@Tridibans bhai,@jaatram bhai,@magudi anna,@IndoCarib sir just look at this "huge" corrupt deal made by the Modi Govt!!
P.S. Sorry for not tagging you @JanjaWeed sir

 

[doublemaster]

@ranjeet bhai,@Tridibans bhai,@jaatram bhai,@magudi anna,@IndoCarib sir just look at this "huge" corrupt deal made by the Modi Govt!!

R u serious or did i say anything wrong?

 

[JanjaWeed]

@ranjeet bhai,@Tridibans bhai,@jaatram bhai,@magudi anna,@IndoCarib sir just look at this "huge" corrupt deal made by the Modi Govt!!

Oh yes...huge scam has been unearthed. Selling price iof 2008 still applies in 2015...no price increase in the past 7 yrs!

 

[Mike_Brando]

R u serious or did i say anything wrong?

Nah,nah i was totally serious wen i quoted you.I just wanted to tag all those "Aandh Bhakts" who were harping about Mudi all the time

 

[Imran Khan]

Oh yes...huge scam has been unearthed. Selling price iof 2008 still applies in 2015...no price increase in the past 7 yrs!

why honda bikes prices are same

 

[JanjaWeed]

why honda bikes prices are same

'cause Yamah & Kawasaki are more in demand!

 

[doublemaster]

Oh yes...huge scam has been unearthed. Selling price iof 2008 still applies in 2015...no price increase in the past 7 yrs!

It was in 2012 another deal was singed when putin visited India.

 

[JanjaWeed]

It was in 2012 another deal was singed when putin visited India.

Oh yes..deal was signed in 2012 with an understanding that there won't be any changes to the price quoted in 2008 even if the Helis are bought few years later!

 

[Archie]

People often forget to take into account the impact of Inflation

If their was no inflation, then a Su30MKI should still cost us 180 crores, which was its price in year 2007, rather than costing 350 crores as in 2015

 

[vsdave2302]

Chije 2015 main 2008 ke bhav se nahi milti. Helicopter must have added a lot more features after that.