21-01-2013, 04:18 PM
2G spectrum scam
2G spectrum.ppt (Size: 587 KB / Downloads: 74)
What is 2G?
‘2G’ means: “Second-Generation Wireless
Telephone Technology”
2G is relatively new technology in the field of mobile.
2G is not just a network but a good technology.
2G spectrum was the revolutionary technology in their time,
it comes with some more benefits. 1. SMS facility was first started with network.
2. Safe for the use, means security level was high.
3. Environmental conditions was very good for this network & no network shortage was there.
History of 2G
2G spectrum technology was first launched in 1991 in Finland only in the GSM mobile phones but this is not the latest technology that we are using. As 2G was launched in 1991 so many other technologies overcome it with 2.5G, 2.75G technologies but the latest technology in present world is 4G.
India in the World's Eyes
Wharton's Singh feels foreign investors may view corruption in India "as the cost of doing business." But the country would attract more foreign investments and business interest if it had a stronger reputation for being non-corrupt, he says. Investors are attracted to India because "there are not too many other options that are particularly attractive ... but this can change rather quickly,
The 2G scandal is unlikely to hurt India's investment appeal globally, according to Alok Shende, principal analyst and founder director of Ascentius Consulting. "Foreign investors may actually perceive the role of courts and rule of law, the role and independence of the CAG and the will of the vernment to unearth this scam as a positive attempt to spring-clean all that was wrong,"
What do you mean by 2G scaM?
The 2G spectrum scam involved officials and ministers in the Government of India illegally undercharging mobile telephony companies for frequency allocation licenses, which they would use to create 2G subscriptions for cell phones. According to a report submitted by the Comptroller and Auditor General based on money collected from 3G licenses, the loss to the exchequer was
176,379 crore (US$38.27 billion). The issuing of the 2G licenses occurred in 2008, but the scam came to public notice when the Indian Income Tax Department investigated political lobbyist Niira Radia and the Supreme Court of India took Subramaniam Swamy's complaints on record [With Case type:Writ Petition (Civil),Case No:10, Year:2011]. The case details of the main PIL filed with the supreme court is Type:Writ Petition (Civil),Case No:423, Year:2010.
WHAT ARE THE CHARGES ON FORMER TELECOM MINISTER A RAJA?
CHEAP TELECOM LICENSES
Entry fee for spectrum licenses in 2008 pegged at 2001 prices
Mobile subscriber base had shot up to 350 million in 2008 from 4million in 2001.
NO PROCEDURES FOLLOWED
Rules changed after the game had begun.
Cut-off date for applications advanced by a week.
Licenses issued on a first-come-first-served basis.
No proper auction process followed, no bids invited.
Raja ignored advice of TRAI, Law Ministry, Finance Ministry.
TRAI had recommended auctioning of spectrum at market rates.