Spectrum Storm in India
During the past two years, the minister has been repeatedly accused of handing out 2G spectrum to the new operators in 2008 at a throwaway price, leading to a loss of a potential 1,760 billion Indian rupees (US$39.34 billion) to the exchequer. The Comptroller and Auditor General (CAG) of India recently accused the telecom minister of being personally responsible for the issue of spectrum at a cheap rate. (See India Auction Fever.)
The minister has a history of surviving in spite of difficult circumstances. But then again, things have never been quite this bad for him before.
— Gagandeep Kaur, India Editor, Light Reading