"Government has decided to appoint Air Marshal RKS Bhadauria, PVSM, AVSM, VM, ADC presently Vice Chief of Air Staff as the next Chief of the Air Staff," defence ministry's principal spokesperson, said on Twitter.
Modi will take oath for a second term on Thursday at 7 pm.
Defence Minister Rajnath Singh is likely to call another high-level meeting later today, they added.
The planes would now officially be inducted on October 8 into the IAF when Defence Minister Rajnath Singh visits France but the planes would start arriving in India only in May 2020 after validation of the India Specific Enhancements and training of pilots and personnel.
In memory and honour of Wing Commander Sahil Gandhi who lost his life in the crash, the HAL-built aircraft will fly the missing man formation.
The Independence Day event at the historic Red Fort, where prime minister unfurls the tricolour and delivers a speech to the nation, was scaled down this year. Around 4,000 invites, a quarter of the usual, were issued to officers, diplomats, local leaders and others.