You are wrong bro. The reason the MMRCA real for 126 got into the mess it was and subsequently scrapped/stalled was because of the talks between Dassualt and HAL going NOWHERE and thanks to the past DM's inability to progress the deal.
Money is not an issue and never was and I have pointed to why India has more than enough funds to finance such a deal.
Like I have said, this JV proposal will address the liability issues between HAL and Dassualt and thus pave the way for the 126++ Rafales coming to the IAF, mark my words.