Antony was speaking at his opening press conference at Defexpo 2014 today.
No funds for a budgeted purchase, you ask? Heh. Well, as you may have read in certain reports, there have been some drastic cut backs on capital budgetary allocations as a result of inflated revenue outflow requirements, as a result of which, India’s weapons purchase war chest has gotten significantly smaller this year. Be that as it may, the diverted funds couldn’t possibly have been for the initial payments on a single deal, pointing to poor planning starting approximately around the time the Rafale was chosen winner.