FalconZero
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However, the IAF still owes HAL about Rs 20,000 crore in unpaid dues for aircraft delivered and overhauled and for milestone payments due, Business Standard has learnt.HAL is Govt company There Revenue is govt Property So are there Business assets
What they Will get from IAF is also govt money Which can be adjusted in future
IAF already Paid them for other Orders
HAL posts over Rs 21,100 crore turnover in 2019-20
Its not that they don't have funds
Read more at:
https://economictimes.indiatimes.co...ofinterest&utm_medium=text&utm_campaign=cppst
There goes the Money arguments
Aur Koi excuse Bacha hai bhai vo bhi dede
At the time, HAL Chairman R Madhavan had told Business Standard: “The IAF owes HAL money for aircraft, helicopters and services that we have already delivered. Current dues are at Rs 15,700 crore and will rise to Rs 20,000 crore by March 31.” Madhavan’s projection has turned out to be accurate.
HAL posts record Rs 19,400 crore turnover, IAF still to pay bills
Despite pending payments of over Rs 20,000 crore, HAL revenue grew 6% against the previous year
www.business-standard.com
> It's not like they don't have funds
The absolute state of your genius.