Biggest Indian Scams

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The 2G spectrum scam in India executed and implemented by A Raja of UPA Government is worth Rs. 1,70,00,00,00,00,00. 

[box type=”info” size=”large” title=”CHECK THIS OUT” right_title=” ” right_description=” ” url=”” style=”arrow blue” ]The 2G spectrum scam in India executed and implemented by A Raja of UPA Government is worth Rs. 1,70,00,00,00,00,00. [/box]

This has been the biggest scam in India and in the world. This has substantially been a black spot on the so called India on its way to “economic powerhouse” story. The Telecom scam has been the mother of all scams. Until now, the value of all the scams is not more than 20 lakh crore rupees

Here are some of the points made by the CAG Report:

  1. 85 firms suppressed facts, gave fictitious papers to DoT
  2. DoT kept spectrum pricing issue out of GoM’s purview
  3. A Raja ignored Prime Minister’s, FM’s and Law Ministry’s advice
  4. Spectrum was rare national asset, should have been auctioned
  5. 2G spectrum allocated to new players at throwaway prices
  6. Undue advantage to Swan Telecom in allocation of spectrum
  7. Email ID of Swan Telecom shown as that of a Reliance ADA group official
  8. Spectrum allocated beyond contracted quantity to 9 firms including Bharti, Vodafone, Idea, BSNL, Reliance, Aircel
  9. Idea and Spice not given spectrum on grounds of proposed merger- this was against the rules
  10. Allocation of 2G spectrum led to loss of Rs 1.7 lakh crore

 

[box type=”info” size=”large” title=”CHECK THIS OUT” right_title=” ” right_description=” ” url=”” style=”arrow blue” ]The 2G spectrum scam in India executed and implemented by A Raja of UPA Government is worth Rs. 1,70,00,00,00,00,00. [/box]

 

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