04 October, 2020
5 Min Read
DAP 2020: Offset clause and Rafale-like deals
What is “off-set clause”?
(a) Partially compensating for a significant outflow of a buyer country’s resources in a large purchase of foreign goods.
(b) Facilitating induction of technology.
(c) Adding capacities and capabilities of domestic industry.
When was the policy introduced?
Why was the clause removed?
What are the concerns raised by CAG?
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