The 2G spectrum scam involved the Indian government issuing 122 telecom licenses in 2008 to several companies at below-market prices, resulting in an estimated loss of 1.76 lakh crore (176,000 crore) rupees to the Indian exchequer. Former telecom minister A. Raja is accused of favoring certain companies and individuals for political and financial gains. The scam highlights the nexus between politicians, bureaucrats, businesses and the media. Opposition parties like CPI(M) had highlighted the scam and are demanding cancellation of the licenses and a fresh auction to recover losses.

1. 2G SPECTRUM SCAM

2. WHAT IS SPECTRUM?

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. •
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.

7. All the
Nine
firms

8. Comptroller and auditor
General of India
Central Bureau of
Investigation
Central Vigilance
Commission
Directorate of Enforcement

9. MEDIA PERSONS ACCUSED
CNN IBN senior editor
Brkha Dutt
NDTV jounalist
Nira Radia
A corporate lobbyist
Vir Sardesai
Hindustan times editor

10. THE ROLE OF KALAIGNAR TV
Swan telecom allegedly sent Mr
Raja a Rs. 214 crore for
Kalaignar TV channel

11. REASON FOR 2G SCAM
1.Political reason
2.Business reason
3.Media reason
4.Bureaucratic
reason

12. 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

13. 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

14. THIS IS WHAT HAPPENS

15. Submited by:
Nivedita Subbaram