India has deferred until the next financial year its plan to finalise a deal for purchase of 126 Rafale combat aircraft from France since there is "no money left" for this now, Defence Minister A K Antony has said.



Antony also said government is looking into complaints about the procedure to determine the winner of the combat aircraft deal, which is touted as the "mother of all deals" and is expected to cost India more than Rs 60,000 crore.



Antony hoped that deal will be finalised in 2014-15.



Though there was no deadline it was speculated that the deal could be finalised during the current financial year.

Asserting that the negotiations in the deal were still progressing, the Defence Minister told a press conference that the financial condition of the government was not good and "there is no money left for this."

"Almost all the budget has been spent. Many other projects are also in the pipeline," he said.



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