Download or read book 2G Spectrum Scam written by Subramanian Swamy and published by . This book was released on 2011 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Spectrum Grab written by Bhupesh Bhandari and published by BS Books. This book was released on 2012 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book 2G Spectrum Scam written by Subramanian Swamy and published by . This book was released on 2011 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: Subramanian Swamy, a former Union Cabinet Minister, a Harvard-educated economist and Professor, holds that corruption impacts on economic development of a nation in five dimensions: sub-optimises the allocation of scarce national resources; the use of bribe money distorts investment priorities; unaccounted bribe money causes inflation via hoarding and property bubbles; corrupt persons in public office enact laws to safeguard the booty by lax criminal investigations and prosecutions; and corrupti
Download or read book UPA a Bundle of Scams written by Sathya Shankar and published by Litent. This book was released on 2014-04-03 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Great Betrayal by the Joint Parliamentary Committee on 2G Spectrum Scam written by Gurudas Das Gupta and published by . This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book India written by Guru Acharya and published by . This book was released on 2016 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 2008, the Central Government of India granted 122 telecom licenses to various companies in response to 575 applications for licenses. In a report in 2010-11, the Comptroller and Auditor General (CAG) of India concluded that the allocation of these 122 licenses was characterised by policy gaps and irregularities in procedure. The Government was criticised for cherry-picking the telecom regulators recommendations; for ignoring market based mechanisms like auctions; and for administratively allocating licenses at prices discovered in 2001 on the pretext of providing a level playing field with incumbent operators. The estimated loss by the CAG according to three different estimates ranged from Rs 53523 to 139652 crores. Media coverage of the report and license allocation, hyped as the “2G Scam,” was followed by public outrage and protests. On the 2nd of February 2012, the Supreme Court of India, in response to a Public Interest Litigation (PIL), cancelled all 122 telecom licenses granted in 2008 and directed that the spectrum linked with these licenses be auctioned. The verdict took the telecom industry by surprise and left the Government running for cover. The unaffected incumbent operators praised the verdict for giving a blank slate to the Government - an opportunity to chalk out a fresh concrete policy for efficient management of spectrum and maximization of government revenues. The affected licensees, however, complained that the Supreme Court left a question mark with respect to the future of operators who had already rolled out their networks. Many investors such as the Telenor Group (of Uninor) had already invested over Rs 6,100 crores in equity and over Rs 8,000 crores in corporate guarantees as a foreign investor that trusted a telecom licence stamped by the Government of India. The company had appealed to the government for a solution so that its customers are not affected by the verdict. ''We also expect the authorities to ensure that our 36 million customers, 17500 workforce and 22000 partners are not unjustly affected,'' said Uninor . A few other foreign investors even threatened to invoke foreign investment treaties to indemnify their losses. Some others have decided to write off the losses and exit the market completely. Industry experts fear that the reduced competition by the mass cancellation of licenses is expected to lead to an increase in tariffs in the near future. Further, experts also fear that a few telecom infrastructure companies are expected to become unsustainable as their primary customers were the cancelled licensees. The Supreme Court ruling comes in a scenario wherein telecommunications in India is torn between the New Telecom Policy of 1999 (NTP 1999) and the Draft New Telecom Policy of 2011 (DNTP 2011), which is yet to be finalised and notified in February 2012. In these times of uncertainty, all stakeholders look towards the Central Government for guidance with very high expectations.
Download or read book 2G SCAM The Biggest Corruption Scam In India written by Yogesh Maske and published by LAP Lambert Academic Publishing. This book was released on 2012-03-01 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: A. Raja arranged the sale of the 2G spectrum licenses below their market value. Swan Telecom, a new company with few assets, bought a license for 1,537 crore (US$307.4 million).Shortly thereafter, the board sold 45% of the company to Etisalat for 4,200 crore (US$840 million). Similarly, a company formerly invested in real estate and not telecom, the Unitech Group, purchased a license for 1,661 crore (US$332.2 million) and the company board soon after sold a 60% stake in their wireless division for 6,200 crore (US$1.24 billion) to Telenor. The nature of the selling of the licenses was that licenses were to be sold at market value, and the fact that the licenses were quickly resold at a huge profit indicates that the selling agents issued the licenses below market value. Nine companies purchased licenses and collectively they paid the Ministry of Communications and Information Technology's telecommunications division 10,772 crore (US$2.15 billion).The amount of money expected for this licensing by the Comptroller and Auditor General of India was 176,000 crore (US$35.2 billion).
Download or read book 2G Saga Unfolds written by Andimuthu Raja and published by . This book was released on 2018 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Institutional governance is the bedrock of Indian policy making and enforcement under our fundamental constitutional tenet of 'we the people'. Such governance relies on harmonious administrative protocols with amicable adherence amongst all the stake-holders. The 2G issue, as it was investigated, audited, charged and adjudicated by the various statutory and constitutional bodies (CVC, CAG, CBI and the Supreme Court) flouted these precepts of harmony and amicableness. The aberrant process resulted in the violation not only of democratic values but also the rights and reputations of various individuals thus tarnishing our country's image on the international stage. It was an attempt to allege guilt of 'corruption' as defined by Transparency International (TI) i.e. "Manipulation of policies in the allocation of resources." Yet, A. Raja had established that their findings and observations were diametrically opposite to the decisions of the Cabinet, Parliament, Planning Commission and Telecom Regulator (TRAI). The purpose of this book is to caution the masses that personal motivations, institutional incompetency, misunderstanding or misguidance should not hurriedly endorsed without diligent inspection. Government bodies are accountable to - and empowered by the people - and in the end "all power is trust." The author demonstrates here that the '2G scam' is a shameful blemish on the sanctity of the administrative system of our country.
Download or read book India Telecom Weekly Newsletter December 31 2010 written by and published by Information Gatekeepers Inc. This book was released on with total page 9 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book RETHINKING GOOD GOVERNANCE written by Vinod Rai and published by . This book was released on 2019-09 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: Public institutions support good governance, which, in turn, promotes sustainable economic development and, thereby nurtures the welfare of the people. The vital bond between a people and its government is that of trust, and these public institutions help maintain that trust.
Download or read book Not Just an Accountant written by Vinod Rai and published by Rupa Publications. This book was released on 2014-11-01 with total page 267 pages. Available in PDF, EPUB and Kindle. Book excerpt: Not just an accountant is an incisive, no-holds-barred account of Indias eleventh comptroller and auditor general and a symbol of the anti-corruption movement, Vinod Rai. Through a narrative, rich in anecdote and inside information, Rai sheds light on the major scams that shook the country. Among the case studies-chosen for the diversity of failures they highlight are - the procedural irregularities in the issuance of licenses for second generation spectrum allotment, the last minute quick-fixes in the conduct of the XIX commonwealth games, the loss of national resources while allocating coal blocks, the flouting of systems and the clear display of crony capitalism in the exploration of hydrocarbon and the tragic tale of civil aviation in India. Through these illustrations, Rai wishes to not only expose government malfeasance, but also probe the mandate of the CAG as a watchdog. Equally, he hopes to push for long-term solutions to corruption and bring home the urgent need for ethics-for the pursuit of excellence, accountability, probity and transparency within governments, the bureaucracy, corporate enterprises and public life. Interesting facts A blow-by-blow, explosive, yet thoughtful account that sheds new light on the scams that shook India - 2G, coalgate, civil aviation, the conduct of the XIX commonwealth games and hydrocarbon contracts. Explodes the myth of accountability in contemporary Indian governance. Written by the eleventh CAG of India and a symbol of the anti-corruption movement, Vinod Rai. Presents long-term solutions for the future, so as to contain procedural irregularities within the government and corporate enterprises. Provides a roadmap for good governance, important for the growth of the nation. Exhorts younger professionals / administrators to strive for excellence.
Download or read book Should Corporate Political Lobbying Come under Scanner by Regulatory Mechanism written by S. Jayachandran and published by . This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Telecom Man written by Brijendra K. Syngal and published by . This book was released on 2020 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A Feast of Vultures written by Josy Joseph and published by Harper Collins. This book was released on 2016-07-10 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Every day, millions of people -- the rich, the poor and the many foreign visitors -- are hunting for ways to get their business done in modern India. If they search in the right places and offer the appropriate price, there is always a facilitator who can get the job done. This book is a sneak preview of those searches, the middlemen who do those jobs, and the many opportunities that the fast-growing economy offers.' Josy Joseph draws upon two decades as an investigative journalist to expose a problem so pervasive that we do not have the words to speak of it. The story is big: that of treacherous business rivalries, of how some industrial houses practically own the country, of the shadowy men who run the nation's politics. The story is small: a village needs a road and a hospital, a graveyard needs a wall, people need toilets. A Feast of Vultures is an unprecedented, multiple-level inquiry into modern India, and the picture it reveals is both explosive and frightening. Within these covers is unimpeachable evidence against some of the country's biggest business houses and political figures, and the reopening of major scandals that have shaped its political narratives. Through hard-nosed investigations and the meticulous gathering of documentary evidence, Joseph clinically examines and irrefutably documents the non-reportable. It is a troubling narrative, but also a call to action and a cry for change. A tour de force through the wildly beating heart of post-socialist India, the book is a must-read for anyone interested in understanding the large, unwieldy truth about this nation.
Download or read book Karunanidhi written by Sandhya Ravishankar and published by HarperCollins. This book was released on 2018-05-31 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ninety-four-year-old Karunanidhi has had a six-decade-long career in Tamil and Indian politics. He has been the leader of the Dravida Munnetra Kazhagam since 1969 and the Chief Minister of Tamil Nadu five times. With the death of J. Jayalalithaa in December 2016, he is the undisputed tallest leader in the state even though his party is not in power and he continues to be in poor health. Karunanidhi's contributions to state and national life are many. He is known for pioneering several social justice and welfare schemes, as also for championing the causes of Dravidian identity and Tamil language and culture. The DMK under him was a crucial ally of the Congress and a constituent of the UPA. At the same time, he has also been embroiled in several controversies, including his party's support for the LTTE and the involvement of ministers from his party in the 2G spectrum scam. Karunanidhi: A Life in Politics chronicles the trailblazing life of one of India's most important politicians for the first time in English.
Download or read book Scams That Rocked India written by Subhashish Roy and published by Abhishek Publications. This book was released on 2024-01-01 with total page 159 pages. Available in PDF, EPUB and Kindle. Book excerpt: Scams That Rocked India is an eye-opening exploration into some of the most notorious scams that have shaken the nation since its independence. This meticulously researched book takes readers on a chronological journey through India's dark history of corruption, from the Jeep Scandal of 1948 to the more recent high-profile frauds. Each chapter delves deep into the intricate details of these scams, unveiling the masterminds behind them, the web of deceit they spun, and the eventual exposure that brought their illicit activities to light. Through gripping narratives and in-depth analysis, the book reveals how these scandals were orchestrated, the consequences faced by those involved, and the impact on the nation's economy and trust in governance. Beyond recounting the events, the book also examines the significant policy changes and reforms that followed each scandal. The book provides a critical look at how the Indian government and regulatory bodies responded to these crises, often resulting in stricter regulations and heightened vigilance. By highlighting the lessons learned and the steps taken to prevent future frauds, this book serves as both a historical record and a call to action for greater transparency and accountability in public and private sectors. Through its compelling storytelling and insightful commentary, Scams That Rocked India offers readers a comprehensive understanding of the complex interplay between power, money, and corruption in India's modern history.
Download or read book A Bureaucrat Fights Back written by Pradip Baijal and published by Harper Collins. This book was released on 2016-06-15 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: POWER. REFORM. SCAMS. The 2G spectrum allocation scam struck a blow to the UPA-II government, and was perhaps India's biggest political scandal. The notional loss to the exchequer was a whopping Rs 1.76 trillion. Yet, it was no aberration. The 2G story is rooted in the very fabric of economic reforms in India--reforms that are essential for the growing economy. When Pradip Baijal took over as the third chairman of the Telecom Regulatory Authority of India in 2003, the telecom sector was in serious crisis. But there was also resistance to the reforms he sought to implement. They were seen as both anti-establishment and pro-private business. Baijal fought for the reforms at great personal cost and, years later, the accused in the 2G scam blamed him for creating conditions conducive to malpractices. A Bureaucrat Fights Back: The Complete Story of Indian Reforms uses the 2G story--Indian telecom's rise from 3.1 million mobile users in 2000 to a billion in 2015--to analyse the roadblocks to change in India. It also captures the dilemma of India's civil servants, an especially pressing concern given the necessity of reforms. You are not doing your job if you shy away from reforms, and if you pursue them, you are likely to get mired in inquiries. How does a bureaucrat walk that tightrope? And at what cost? Intensely personal and deeply political, A Bureaucrat Fights Back is an examination of the best and worst of India's economic coming of age.
