New Delhi, Oct 4: Air Chief Rakesh Kumar Singh Bhadauria on Friday described as a "big mistake" the IAF shooting down its helicopter in Kashmir on February 27, when Indian and Pakistani forces engaged in a dogfight, and said punitive action is being taken against the guilty.

The operational preparedness of the IAF has been of a very high order and it achieved a number of operational milestones last year, including the Balakot strikes, Bhadauria said at the Indian Air Force's annual press conference.

The IAF is prepared to meet any contingency and does not rest on past laurels, Bhadauria said.

Ahead of the press conference, the IAF also showed representational video clips of the Balakot strikes.

Pakistan lost an F-16 and India a MiG-21 in aerial engagement with the Pakistan Air Force a day after the Balakot strikes, IAF chief Bhadauria said.

Talking about the IAF shooting down its own Mi-17 helicopter in Budgam on the morning of February 27, he said it was a "big mistake on our part".

A Court of inquiry has submitted its report and the IAF is taking punitive action against the guilty, he said.

Disciplinary action is being taken against two officers in the shooting down of the chopper, the IAF chief said.

A surface-to-air missile of the Indian Air Force brought down the Mi-17 aircraft in Kashmir's Budgam on the morning of February 27 when the Indian and Pakistani air forces were engaged in a fierce dogfight, a high-level probe had concluded in August.

Bhadauria also said acquisition of Rafale aircraft and S400 air defence systems will greatly enhance IAF's operational capabilities.

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Mumbai (PTI): Police have arrested a man and seized over 500 grams of heroin worth Rs 2.54 crore in the illicit market from him in Mumbai, officials said on Friday.

The police's Anti-Narcotics Cell (ANC) made the drug seizure in Santacruz in the western suburbs. The operation was conducted by the Kandivali unit of the ANC on Thursday as part of a special crackdown against drug trafficking in the area, they said.

Acting on specific inputs, an ANC team conducted a raid in Santacruz (East) and intercepted a man. During a search, the team recovered 508 grams of high-grade heroin from his possession, an official said.

The seized contraband, a highly addictive, opioid drug derived from morphine, is estimated to be worth Rs 2.54 crore in the international market, he informed.

Following the seizure, a case was registered against the man under relevant sections of the Narcotic Drugs and Psychotropic Substances (NDPS) Act, 1985, and he was formally placed under arrest in the early hours of Friday.

The police are currently investigating the source of the drug and trying to identify the intended recipients of the consignment, he said.