While Scindia said the country cannot forget the ‘2G scam’ – a blot on the country’s history, Ramesh said the BJP reaped huge political dividends from the media frenzy generated by its proxies in the government over the allocation of 2G spectrum by the UPA. procedures rather than auctions.
“A scam that not only caused a huge loss of Rs 1,76,645 crore to the exchequer, but also gave government-corporate collaboration its worst name, a KA crony capitalism,” Scindia said in a post on X, was spectrum in the UPA era. Allocated through opaque first-come, first-served (FCFS) policy, leading to fraud and losses.
Scindia was responding to Ramesh’s post on X which linked the process of in-principle approval by the current government to the administrative spectrum allocation process during the UPA regime. “Contrary to what the Prime Minister has been loudly proclaiming for many years, the government is on record saying that ‘administratively assigned spectrum will also be charged and contribute to revenue.’
“Remember that the BJP reaped huge political dividends from the media frenzy generated by its proxies in the government over the UPA’s allocation of 2G spectrum through administrative processes instead of auctions. Fraudulent revenue loss The launch and an over-active judiciary have seriously damaged the investment climate in telecom,” said Ramesh.
Praising the BJP-led NDA government, Scindia replied that the Modi government prioritized transparency and public interest – mobile telephony spectrum is now up for auction. The current governance system has decided to allocate the spectrum to the satellite communication company without auctioning it through the administrative process. “Due to technical and operational reasons, the satellite spectrum has not been auctioned,” he said.