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‘Fudged Arithmetic’: Jaitley Dismisses N Ram’s Rafale Deal Report

He further pointed out that Supreme Court had examined the prices, and the CAG was in the process of doing the same.

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Dismissing an investigative report by The Hindu on price escalation in the Rafale deal, Finance Minister Arun Jaitley, in a series of tweets on Friday, 18 January, claimed the article was based on “fudged arithmetic.”

Jaitley said the report – by chairman of The Hindu Publishing Group N Ram – had ignored the escalation in the 2007 non-deal offer and had instead compared the the deal with the 2016 price to “invent a scam.”

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