Essay on 2g Spectrum
Essay on 2G Spectrum Scam
B Rajashekar Reddy (1593206)
MADS 6604 Ethics and Public Values
Prof Brenda Lyshaug, Ph.D.
Fairleigh Dickinson University
April 01, 2013
“2G” stands for “Second-generation wireless telephone technology”. The 2G scam is one of the biggest scam till now in India and the highest authority of India Supreme Court stated that this scam is mother of all the scam till now in India. In this 2G spectrum scam many government officials are involved for illegally undercharging frequency allocation for the mobile telephonic companies. The difference between the money collected and the money to be obtained is 1, 76,379 crore rupees (USD 39 billion). The issuing of licenses to the mobile companies occurred in 2008, but it first came to notice when the income tax department investigating one of the political person NiraRadia.
CBI and CAG are the two investigation agencies involved in the investigation of the 2g scam. CAG is a file based government auditing agency. It focuses on reporting the issues when there is a deviation from the set policies and procedures and also how it is effected the economy growth.
CAG has clearly mentioned that the allotment of licenses was not held in realistic price. That has caused a loss of revenue up to Rs. 176 lakhs crore to the government of India. The report also stated that telecom minister A. Raja has totally ignored the advice of finance ministries on allocation of license to benefit for few operators. It also that all the telecom regulator acts are ignored to misused.
CAG also reported that the price at the license was allocated in 2008 are according to the prices in 2001. The price is very low when compared to the technology and other development from the year 2008 to 2001 which has resulted in loss to the government. The auction methods followed and the bids to invite the participants to sell the license are not carried out according to proper rules.
CAG also stated that telecom ministry has crossed all
B Rajashekar Reddy (1593206)
MADS 6604 Ethics and Public Values
Prof Brenda Lyshaug, Ph.D.
Fairleigh Dickinson University
April 01, 2013
“2G” stands for “Second-generation wireless telephone technology”. The 2G scam is one of the biggest scam till now in India and the highest authority of India Supreme Court stated that this scam is mother of all the scam till now in India. In this 2G spectrum scam many government officials are involved for illegally undercharging frequency allocation for the mobile telephonic companies. The difference between the money collected and the money to be obtained is 1, 76,379 crore rupees (USD 39 billion). The issuing of licenses to the mobile companies occurred in 2008, but it first came to notice when the income tax department investigating one of the political person NiraRadia.
CBI and CAG are the two investigation agencies involved in the investigation of the 2g scam. CAG is a file based government auditing agency. It focuses on reporting the issues when there is a deviation from the set policies and procedures and also how it is effected the economy growth.
CAG has clearly mentioned that the allotment of licenses was not held in realistic price. That has caused a loss of revenue up to Rs. 176 lakhs crore to the government of India. The report also stated that telecom minister A. Raja has totally ignored the advice of finance ministries on allocation of license to benefit for few operators. It also that all the telecom regulator acts are ignored to misused.
CAG also reported that the price at the license was allocated in 2008 are according to the prices in 2001. The price is very low when compared to the technology and other development from the year 2008 to 2001 which has resulted in loss to the government. The auction methods followed and the bids to invite the participants to sell the license are not carried out according to proper rules.
CAG also stated that telecom ministry has crossed all