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Has Offset Policy Been Cancelled, Asks Congress Leader

Has Offset Policy Been Cancelled, Asks Congress Leader

Sentinel Digital DeskBy : Sentinel Digital Desk

  |  9 Oct 2018 4:51 AM GMT

New Delhi: Amid reports that the $5.4 billion Indo-Russian deal for the S-400 air defence missile system does not have any offset clause, Congress leader Manish Tewari on Monday questioned if the offset policy in defence deals has been cancelled. Taking to Twitter, Tewari inquired if a cabinet decision was made to amend the policy and whether there will be no offsets in future defence deals. “Is it true that there is no offset component in S-400 $5.4 billion (Rs 39,000 crore) transaction? Has offset policy been cancelled? “Will there be no more offsets? If so, what happens to the great Make In India? If not, who is the offset partner,” Tewari tweeted. (IANS)

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