Parliamentary panel pulls up defence ministry over Rs 42,500 crore offset dues
India's foreign military equipment suppliers are yet to fulfil obligations worth Rs 42,500 crore (approximately $4.5 billion). The PAC report reveals that of the $9.9 billion offset obligations under current contracts, only $5.46 billion worth have been discharged. It recommended that all pending obligations as of December 31, 2025 be cleared immediately, and called for a special audit to ascertain the true status of implementation.
- ▪India's foreign military equipment suppliers are yet to fulfil obligations worth Rs 42,500 crore (approximately $4.5 billion).
- ▪The PAC report reveals that of the $9.9 billion offset obligations under current contracts, only $5.46 billion worth have been discharged.
- ▪It recommended that all pending obligations as of December 31, 2025 be cleared immediately, and called for a special audit to ascertain the true status of implementation.
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| Publication time | Mon, 27 Jul 2026 11:05:21 +0530 |
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News/Defence News/Parliamentary panel pulls up defence ministry over Rs 42,500 crore offset duesParliamentary panel pulls up defence ministry over Rs 42,500 crore offset duesTOI defence desk / TIMESOFINDIA.COM / Jul 27, 2026, 11:05 ISTCommentsShareAA+Text SizeSmallMediumLarge A Rafale and a Sukhoi-30MKI fighter of the IAF in flight. (Image credit: Indian Air Force) A parliamentary committee has raised serious concerns over India’s defence offset policy. India's foreign military equipment suppliers are yet to fulfil obligations worth Rs 42,500 crore (approximately $4.5 billion).
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