atul ppt on 2g scam
TRANSCRIPT
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2G is Second- generation wireless telephone
technology
2G is not just a network but a good technology
2G spectrum technology was first launched in
1991
2G spectrum was the revolutionary technology
& it comes with some more benefits:-
SMS facility was first started with network.
Safe for the use, means security level was high.
Environmental conditions was very good for
this network & network shortage was there.
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2G spectrum technology was first
launched in 1991 in Finland onlyin the GSM mobile phones.
After 2G was launched, theprevious mobile telephone
systems were retrospectivelydubbed 1G
As 2G was launched in 1991 somany other technologiesovercome it with 2.5G, 2.75Gtechnologies but the latesttechnology in present world is 3G.
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The 2G spectrum scam involved officials andministers in the Government of India illegally
undercharging mobile telephony companies for
frequency allocation licenses, which they would
use to create 2G subscriptions for cell phones.
The 2G spectrum licenses allocation scandal isone of several to have emerged in the past few
months, tarnishing the reputation of Prime
Minister Manmohan Singh, whose government
has gone on the defensive against an emboldened
opposition.
The scandal has tarnished the Congress-led UPA
governments image, spooked investors and has
led to the Norwegian Prime Minister writing to
his Indian counterpart seeking fair treatment for
Telenor.
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A. Raja (Born May 10, 1963, Perambalur, Tamil Nadu, India) is an
Indian politician from the Dravida Munnetra Kazhagam(DMK) political
party. Raja was first elected to the Lok Sabha in 1996 and first served as
minister of state from 1999 to 2003. On being re-elected to the Lok
Sabha in 2004, he became a cabinet minister in the UPA government. In2007, he became cabinet minister for communication and information
technology. On being re-elected in 2009 he was again appointed cabinet
minister for communication and information technology until being
tainted in the 2G spectrum scam and resigning in 2010.
One of the main person behind the
Indias Largest Corporate Fraud.
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CHEAP TELECOM LICENSES
Entry fee for spectrum licenses in 2008 pegged at 2001 prices
Mobile subscriber base had shot up to 350 million in 2008 from
4million in 2001.
NO PROCEDURES FOLLOWED
Rules changed after the game had begun. Cut-off date for applications advanced by a week.
Licenses issued on a first-come-first-served basis.
No proper auction process followed, no bids invited.
Raja ignored advice of TRAI, Law Ministry, Finance Ministry.
TRAI had recommended auctioning of spectrum at market rates.
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The CAG's report details how the telecomministry under Raja went about allotting thespectrum licenses on the cheap, defyingmarket logic, government directives and rules,and calls for transparency
On January 10, 2008 ISSUED LICENSES TO 121
COMPANIES
It had received 575 applications, 408 of whichwere filed after the September 24 pressrelease -- an indicator of the huge unsatisfieddemand for scarce spectrum.
DUE TO THE FIRST COME- FIRST BASIS, itactually favored a few bidders who seemed tohave been privy to advance information.
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Anil Ambani - Reliance
Group (ADAG)
Shahid Balwa- DB
Realty (Swan Telecom)
Vinod Goenka-
Dynamix Group
Venugopal Dhoot-Videocon Grou
Prashant Ruia -Essar Group
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Nira Radia, a former airline entrepreneur turned corporate lobbyist
whose conversations with politicians and corporate entities were
recorded by the government authorities and leaked creating the
Nira Radia tapes controversy.
Barkha Dutt, an NDTV journalist alleged to have
lobbied for A.Raja's appointment as minister.
Vir Sanghvi, a Hindustan Times editor alleged to have
edited articles to reduce blame in the Nira Radia
tapes.
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The first casualty in Stock Markets once Rajawas arrested was DB Realty.
DB Realty had given 200+ crores to KalaignarTV (owned by Karunanidhi's Wife) .
The news led to 20% fall in the stock prices of
DB Realty.
Sun TV CO. refused the allegations. SwanTelecom Chief Balwa was arrested on Feb 8and this led to rumours of links with AnilAmbani's Reliance ADAG and it led to 20%
fall of his stocks. Its reported that nearly 2Billion USD was eroded from his stocks.Spicejet stocks went down after reports ofinvestigation on Maran's recent takeover ofSpicejet.
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Unitech Group:A real estate company entering the telecom industry with its 2G bid; sold 60% of
its company stake at huge profit to Telenor after buying licensing (Including land
values properties for towers).
Swan Telecom:
It sold 45% of its company stake at huge profit to Emirates TelecommunicationsCorporation (Etisalat) after buying licensing.
Videocon Telecommunications Limited
Reliance Communications
Sistema Shyam Mobile (MTS) Sistema Mobile Russia
Tata Communications Vodafone Essar
Loop Mobile
S Tel
Dishnet Wireless
Allianz Infra
http://en.wikipedia.org/wiki/Unitech_Grouphttp://en.wikipedia.org/wiki/Swan_Telecomhttp://en.wikipedia.org/wiki/Videocon_Telecommunications_Limitedhttp://en.wikipedia.org/wiki/Reliance_Communicationshttp://en.wikipedia.org/wiki/MTS_Indiahttp://en.wikipedia.org/wiki/MTS_Indiahttp://en.wikipedia.org/wiki/MTS_Indiahttp://en.wikipedia.org/wiki/Tata_Communicationshttp://en.wikipedia.org/wiki/Vodafone_Essarhttp://en.wikipedia.org/wiki/Loop_Mobilehttp://en.wikipedia.org/wiki/S_Telhttp://localhost/var/www/apps/conversion/current/tmp/scratch_4/04.%20Oh%20My%20Love%20By%20Kunal%20Ganjawala,%20Shreya%20Ghoshal.mp3http://localhost/var/www/apps/conversion/current/tmp/scratch_4/04.%20Oh%20My%20Love%20By%20Kunal%20Ganjawala,%20Shreya%20Ghoshal.mp3http://localhost/var/www/apps/conversion/current/tmp/scratch_4/04.%20Oh%20My%20Love%20By%20Kunal%20Ganjawala,%20Shreya%20Ghoshal.mp3http://localhost/var/www/apps/conversion/current/tmp/scratch_4/04.%20Oh%20My%20Love%20By%20Kunal%20Ganjawala,%20Shreya%20Ghoshal.mp3http://localhost/var/www/apps/conversion/current/tmp/scratch_4/04.%20Oh%20My%20Love%20By%20Kunal%20Ganjawala,%20Shreya%20Ghoshal.mp3http://localhost/var/www/apps/conversion/current/tmp/scratch_4/04.%20Oh%20My%20Love%20By%20Kunal%20Ganjawala,%20Shreya%20Ghoshal.mp3http://localhost/var/www/apps/conversion/current/tmp/scratch_4/04.%20Oh%20My%20Love%20By%20Kunal%20Ganjawala,%20Shreya%20Ghoshal.mp3http://en.wikipedia.org/wiki/S_Telhttp://en.wikipedia.org/wiki/Loop_Mobilehttp://en.wikipedia.org/wiki/Vodafone_Essarhttp://en.wikipedia.org/wiki/Vodafone_Essarhttp://en.wikipedia.org/wiki/Tata_Communicationshttp://en.wikipedia.org/wiki/MTS_Indiahttp://en.wikipedia.org/wiki/MTS_Indiahttp://en.wikipedia.org/wiki/MTS_Indiahttp://en.wikipedia.org/wiki/MTS_Indiahttp://en.wikipedia.org/wiki/MTS_Indiahttp://en.wikipedia.org/wiki/MTS_Indiahttp://en.wikipedia.org/wiki/MTS_Indiahttp://en.wikipedia.org/wiki/MTS_Indiahttp://en.wikipedia.org/wiki/MTS_Indiahttp://en.wikipedia.org/wiki/MTS_Indiahttp://en.wikipedia.org/wiki/Reliance_Communicationshttp://en.wikipedia.org/wiki/Videocon_Telecommunications_Limitedhttp://en.wikipedia.org/wiki/Swan_Telecomhttp://en.wikipedia.org/wiki/Unitech_Grouphttp://en.wikipedia.org/wiki/Unitech_Grouphttp://en.wikipedia.org/wiki/Unitech_Group -
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In early November 2010 Jayalalithaa accused the Tamil Nadu state chief
minister M Karunanidhi of protecting. A.Raja from corruption charges and
called for A. Raja's resignation. By mid November A.Raja resigned.
In mid November the comptroller Vinod Rai issued show-cause notices toUnitech, S Tel, Loop Mobile, Datacom (Videocon), and Etisalat to respond
to his assertion that all of the 85 licenses granted to these companies did not
have the up-front capital required at the time of the application and were in
other ways illegal.
In response to the various allegations , the Govt. of India has replaced the
then incumbent Telecom minister ,A Raja with Kapil Sibal who has taken up
this charge in addition to being the Union minister for Human Resources
Development. Mr Sibal contends that the "national" losses quoted are a result
of erroneous calculations and insists that the actual losses are nil.
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Set up a special branch of CBI to look into the matter.
Telecom Minister resigns his post after Scan.
A Raja also arrested by the Police.
CBI is also interacting with the brothers of A Raja and
also some business men.
Government of India take some important steps looking
forward in this Scan:
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If we talk about the Administration of India we all must say itis not a well maintained or a well centralized Administration ascomparison to other Asian countries.
Poor Administration of India is just because of the poorpolitical leaders of our country. They used to do someunofficial work for the sake of money, this makesAdministration of India weaker. This is not the only examplewhich makes Administration of India affected badly there are
lots of other factors which makes it worse.
2G L ld
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2G spectrum scam: Lost revenue could
have wiped out half of our fiscal deficit
NEW DELHI: If the government had actually managed to raise Rs1.76 lakh crore from sale of 2G spectrum, as estimated by the CAG,it could have worked wonders for the Indian economy and the 'aamadmi' UPA-2 says most of its programmes are targeted at. It couldhave helped transform the rural landscape and given "Bharat" much
needed schools, hospitals , clean drinking water and betterirrigation facilities.
It could have wiped out almost half of the Central government'sbudgeted fiscal deficit of Rs 3.81 lakh crore and helped restore thehealth of India's public finances. This, in turn, would have left moremoney in the hands of the government to carry out spending for
welfare schemes for the poor. The amount, if realized, would have helped reduce the Centre's
interest burden of Rs 249 lakh crore and fiscal stress on its finances.The amount is equivalent to the entire defence budget for 2010-11and almost one-sixth the size of the Union Budget.
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Thank you