Media is completely ignoring thy business side of the 2G issue:
1. If spectrum is given by Auction - only existing players will be able to get it...They can quote a high price to avoid new entrants..Less competition and higher price....Already we have seen an increase in mobile tariff by Airtel
2. Raja did the right thing by giving spectrum to new players..Lock in period (removed by the NDA regim in 1999 - correctly since the environment at that time was different) should have been there from beginning...Government has correctly amended the license condition....
2. CBI has a poor case...NO corruption till date has been established....An Inter corporate loan at market interst rate cannot be corruption...It was unsecured is of no commercial value when you are lending to a well known group...
4. PM appears to be unsure whether there was corruption or not....It would have been better for him to have defended raja...
Re: Business Analysis of 2G case is necessary
by ashish anand on Jul 26, 2011 09:21 AM
Media is not ignoring the business side at all. It's just keeping its own business side in view. The business of Media is based upon TRPs which comes from creating Hype and not presenting a case on merits. Are you guys aware that Arthur Anderson was judged as "Not Guilty" by the supreme court in US several years after its business had to be folded and 28,000 of its employees had to go. But the media by that time had moved on and never accepted guilt in negatively influencing pucblic opinion which led a jury to wrongly pronounce the firm guilty.
Further, An economic policy of Govt. can't focus upon revenue maximization to govt. only as the money ultimately comes out of Citizen's pocket. If lower infrastrcuture cost results in low call cost to citizens, the subsequent impact on economy of such low telecom cost has be to kept in mind for designing any govt. policy and that is what has been followed in this country since NTP,1999. Raja can not be held guilt on that account. The CAG has only talked about revenue maximization without calculating the impact of cheap call rates on economic growth.
However, there is another aspect of this 2G allocation and that is of procedures and propriety. Raja appears, prima facie, to have not followed sound procedures and have failed to keep himself at an arm's length. Hence, if he has favoured somebody over other misusing his office, he shall be prosecuted for that.
How dare Raja drag the most honest crook MickeyMouse into the scam??? MMS simply looked the other way as 1.76Lakhs crore was being siphoned off. Doesnt mean his honest crook image should be tarnished like that.
Sad to know the leader are doing scam. Beloved Indians Please never ever vote for the politicians, Until country is ready to RUN ON A NEW LEGAL SYSTEM. BRING POTA,LOKPALL, Put sanction for people with criminal records stand for election in first place. Make a law to stop run politics a family business.
Re: how to end this sonia loot-rule of one billion mass-humanity
by swetambar on Jul 26, 2011 04:22 AM
pipe dream! she is more protected than any citizen in this country!
Re: RAJA: WHERE DID U HIDE THE 1,76,000 CRORES??
by Bitter Truth on Jul 26, 2011 01:08 AM
So what do you do when you get caught red handed in 2G scam??
Re: RAJA: WHERE DID U HIDE THE 1,76,000 CRORES??
by Bitter Truth on Jul 26, 2011 01:08 AM
So what do you do when you get caught red handed in 2G scam??
