Shouldn't government recover and auction 2G licences afresh?

GN Bureau | November 16, 2010



The CAG report indicting former telecom minister A Raja has been tabled in Parliament and it is now official that India lost up to Rs 1.76 lakh crore on account of the 2G spectrum allocation in 2008. Raja has already lost his job, the Congress party has managed to reassert its authority in the coalition government that it leads at the Centre and the prime minister seems to have had his way in naming the replacement.

Yet, the issue of the colossal loss of revenue remains to be addressed. Resignation of the minister concerned can at best be considered a belated acknowledgment of wrongdoing. It cannot automatically make up the loss of revenue to the exchequer.

Sunil Jain, opinion editor of The Financial Express newspaper, has argued in an edit page piece in The Indian Express that the government should cancel the 2G licences and go in for a fresh allocation through the telecom regulator TRAI. Jain points out that, as per the CAG, 85 of the 122 licences were issued to bidders that did not meet the norms laid out by the telecom ministry. Moreover, the companies that were allotted the licences were required to roll out 10 per cent of their services by the end of the first year and fully by the end of the three years. As per the stipulations, the companies stood to lose their licences in case they delayed the roll-out.

Since, as Jain rightly concludes, there is no way the government can make up for their lapses of the former telecom minister, shouldn't the government recover the licences and auction them afresh at fair market prices?

Comments

 

Other News

India’s freedom struggle was shaped by wider Asian political thought

As we mark 80th anniversary of independence, ‘Asianism and the Fall of Empire’ (HarperCollins India) by historian Mithi Mukherjee offers a new perspective on Ind

What is colonialism? A relook at modern history

The Chromatic World Order: The Fiction That Rules Our World  By Sajid Mohamed Aakar Books  

Monsoon session of parliament adjourns sine die

The Monsoon Session, 2026 of Parliament which commenced on July 20 was adjourned sine die on Thursday. The session provided 19 sittings spread over a period of 25 days.   During the session 11 Bills were introduced in Lok Sabha and 2 Bills were introduced in Rajya Sabha. 12 B

Consumer Justice at a Crossroads

Over the past four decades, India`s consumer protection landscape has undergone a remarkable transformation. What began with the Consumer Protection Act, 1986 as a simple mechanism to empower ordinary citizens has evolved into a comprehensive framework capable of addressing challenges ranging from mislea

Doctors, experts call for ban on junk food ads, mandate warning labels

More than 30 doctors, medical scientists and public health professionals have urged the government to take decisive action against the aggressive advertising and marketing of junk food, calling for a watershed ban on advertisements for foods high in fat, sugar and salt (HFSS) and ultra-processed foods (UPF

Asiatic Lion population rises from 523 in 2015 to 891 in 2025

On World Lion Day 2026, environment, forest and climate change Minister  Bhupender Yadav celebrated India’s remarkable journey in lion conservation and reaffirmed the country’s unwavering commitment to protecting wildlife and biodiversity.   In a post on soc

Upcoming Conferences



-->

Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter