2G Spectrum Scam

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2G Spectrum Scam

  1. 1. 2G SPECTRUM SCAM
  2. 2. WHAT IS SPECTRUM?
  3. 3.  2G is short for second-generation wireless telephone technology.  The wavelength between 800-1900MHz is called 2G spectrum, which is useful for mobile communication technology.
  4. 4. • In 2008,the UPA, issued 122 new telecom licenses to several domestic companies with little or no experience in telecom sector, and at a price set in 2001. The shortfall between the money collected and the money which the law mandates to be collected is 1.76 lakh crore rupees.
  5. 5. All the Nine firms
  6. 6. Comptroller and auditor General of India Central Bureau of Investigation Central Vigilance Commission Directorate of Enforcement
  7. 7. MEDIA PERSONS ACCUSED CNN IBN senior editor Nira Radia A corporate lobbyist Brkha Dutt NDTV jounalist Vir Sardesai Hindustan times editor
  8. 8. THE ROLE OF KALAIGNAR TV Swan telecom allegedly sent Mr Raja a Rs. 214 crore for Kalaignar TV channel
  9. 9. REASON FOR 2G SCAM 1.Political reason 2.Business reason 3.Media reason 4.Bureaucratic reason
  10. 10. SHORT FALL OF MONEY A. Raja arranged the sale of the 2G spectrum licenses below their market value. The fact that the licenses were quickly resold at a huge profit indicates that the selling agents issued the licenses below market value Nine companies purchased licenses for Rs. 10,772 crore, The amount of money expected for this licensing by the Comptroller and Auditor General of India was 1,76,700 crore
  11. 11. RECOVERY  CPI(M) has reiterated its demand for cancellation of the licenses of those private Telco's .  Prakash Karat, General Secretary, CPI (M) said “ The Government should cancel these licenses and auction the spectrum so that the revenue lost can be recovered.”  CPI(M) was the first to point out to this biggest scam in the country in 2008 itself. Its continuous exposal and also of the other opposition parties had compelled the Government to dismiss
  12. 12. THIS IS WHAT HAPPENS
  13. 13. Submited by: Nivedita Subbaram

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