The most consistent headliner in the news, the helicopter of the State Chief Minister, to avoid mishaps state government had ordered a brand new helicopter from the US but however, due to fall in the value of rupee in the International market, the helicopter will cost 18.16 crores more than the actual cost.
The state government has earlier ordered a brand new helicopter for CM from a USA based company Sikorsky. During the deal, the company was to be paid 127.11 crores but due to fall in the value of Indian currency, now the state will have to pay 145.27 crores.
At the time of the deal i.e. three months back the deal was locked as per Rs.70/dollar but for now, the deal continues with Rs. 80/dollar
The state government has ordered S-76D helicopter for CM Devendra Fadnavis as CM has earlier survived with several accidents. The raised amount of 18.16 crores will be taken off from the taxpayers.
If the dollar rate is revolving around 72 rupees, how can the state set the deal with the rate of Rs 80/dollar? Is the state government sure that the rates are going to rise from around Rs 72 to Rs 80?
The embarrassing performance of Modi in controlling the market value of the Indian currency shows poor skills of the PM in maintaining the economic policies.
The state government and the Central government has become the victim itself due to improper economic policies as they are forced to buy helicopter costly than the actual cost.