Tuesday, March 5, 2013

Gd Topic

The 2G spectrum scandal involved officials in the government of India illegally undercharging  busy telephony companies for frequency allocation licenses, which they would use to create 2Gsubscriptions for  booth phones.

The shortfall between the money collected and the money which the police mandated to be collected is estimated to be 1.76 lakh crore (1.763 trillion) rupees (roughly equivalent to 39 billion US dollars) based on 3G auction prices.

The number of licenses occurred in 2008, but the scam came to public notice when the Indian Income Tax Department was investigating political lobbyist Nira Radia.

Politicians involved
? A. Raja - the  attend of Communications and Information Technology who sold the licenses
? M. K. Kanimozhi - Rajya Sabha MP
? P. Chidambaram - The Then subgenus Pastor of Finance and current Minister of Home Affairs - allege to be involved with A.

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Raja in spectrum pricing and law dilution by telecom operators that received spectrum 
Bureaucrats involved
? Siddharth Behura - Former Telecom Secretary
? RK Chandolia - Rajas nonpublic secretary

Corporations accused
? Unitech Group a real estate phoner ledger entry the telecom industry with its 2G bid; sold 60% of its company postal service at huge profit to Telenor after acquire licensing
? Swan Telecom sold 45% of its company stake at huge profit to Emirates Telecommunications Corporation (Etisalat) after buying licensing
? Loop Mobile
? Videocon Telecommunications Limited
? S Tel
? Reliance Communications
Media persons accused
? Nira Radia, a collective lobbyist whose conversations with politicians and corporate entities were recorded by the government and leaked creating the Nira Radia tapes controversy
? Barkha Dutt, an NDTV journalist asseverate to imbibe lobbied for A. Rajas appointment as minister
? Vir Sanghvi, a Hindustan Times editor alleged to have edited articles to reduce blame in the Nira Radia tapes

dearth of money

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