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Showing posts with label 2G SPECTRUM SCAM. Show all posts
Showing posts with label 2G SPECTRUM SCAM. Show all posts

Thursday, July 5, 2012

2G SPECTRUM SCAM


2G SPECTRUM SCAM


1.         2G Scam.

(a)       2G licenses issued to private telecom players at throwaway prices in 2008.

(b)       CAG: Spectrum scam has cost the government Rs. 1.76 lakh crore.

(c)        CAG: Rules and procedures flouted while issuing licenses.

2.         Charges on Former Telecom Minister, A Raja.

           (a)        Cheap Telecom Licenses.

(i)         Entry fee for spectrum licenses in 2008 pegged at 2001 prices.

(ii)        Mobile subscriber base had shot up to 350 million in 2008 from 4 million in 2001.

            (b)       No Procedures Followed.

(i)         Rules changed after the game had begun.

(ii)        Cut-off date for applications advanced by a week.

(iii)       Licenses issued on a first-come-first-served basis.

(iv)       No proper auction process followed, no bids invited.

(v)        Raja ignored advice of TRAI, Law Ministry, Finance Ministry.

(vi)       TRAI had recommended auctioning of spectrum at market rates.

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