The 2G spectrum scam involved officials 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. According to a report submitted by the Comptroller and Auditor General based on money collected from 2G licenses‚ the loss to the exchequer was 176‚379 crore (US$38.27 billion) . The issuing of the 2G licenses occurred in 2008‚ but the scam came to public notice when
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2G Spectrum Scam The Rs 1‚76‚000 crore loot in telecom by the UPA govt 1) What is spectrum? What is its relation with mobile phone services? Spectrum is airwaves. Each operator is assigned a set of frequencies. In normal basic telephone service‚ a pair of wires is used for communication. But in case of mobile/wireless communications‚ airwaves are used instead of wires. These spectrum/airwaves are licensed by the Government. It is allocated in Mega Hertz (MHz) in telecom licenses. 4.2 MHz is given
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The 2G spectrum scam in India involved the issue of 1232 licenses by the ruling Congress-led UPA alliance[1] of the 2G spectrum to 85 companies[1] including many new telecom companies with little or no experience in the telecom sector at a price set in the year 2001. The scam involved allegations regarding the under pricing of the 2G spectrum by the Department of Telecommunications which resulted in a heavy loss to the exchequer‚ and the illegal manipulation of the spectrum allocation process to
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Dilemma 4. Recommendations for avoiding recurrence of the issue 4.1 Plan to avoid recurrence of such a scam 5. References 5.1. Websites 5.2. Books 1. Abstract 1.1. Introduction: The 2G spectrum scam involved politicians and government officials in India illegally undercharging mobile telephony companies for frequency allocation licenses‚ which they would then use to create 2G subscriptions for cell phones. The shortfall between the money collected and the money that the law mandated
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Essay on 2G Spectrum Scam B Rajashekar Reddy (1593206) MADS 6604 Ethics and Public Values Prof Brenda Lyshaug‚ Ph.D. Fairleigh Dickinson University April 01‚ 2013 “2G” stands for “Second-generation wireless telephone technology”. The 2G scam is one of the biggest scam till now in India and the highest authority of India Supreme Court stated that this scam is mother of all the scam till now in India. In this 2G spectrum scam many government officials are involved for illegally undercharging
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The 2G spectrum scandal involved officials 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 shortfall between the money collected and the money which the law mandated to be collected is 1‚76‚379 crore (1.763 trillion) rupees (roughly equivalent to 39 billion US dollars). The issuing of licenses occurred in 2008‚ but the scam came to public notice when the Indian Income
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Nigerian Scams - 419 Scam Information Nigerian‚ or "419"‚ scams are one of the most common types of fraudulent email currently hitting inboxes. Nigerian scam messages can also arrive via fax or letter. The messages generally claim that your help is needed to access a large sum of money‚ usually many millions of dollars. In fact‚ this money does not exist. The messages are an opening gambit designed to draw potential victims deeper into the scam. Those who initiate a dialogue with the scammers
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3G (Third Generation) Wireless Vs 2G (Second Generation) Wireless Abstract In my research paper‚ I will be defining the difference between 2G wireless and 3G wireless. It will consist of the history of both 2G and 3G network. 2G networks were built mainly for voice data and slow transmission. Due to rapid changes in user expectation‚ they do not meet today’s wireless needs. Cellular mobile telecommunications networks are being upgraded to use 3G technologies from 1999 to 2010. Japan was the
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2010 - Indian scam Decade of worth `.73000000000000 India a.k.a Mother India - Land of over Democracy‚ has been denigrated by Greed‚ graft‚ politics‚ bribery & dirty money. As we are coming to an end of a scammed year (hopefully the last). It might be exasperating to many Indians that the worth of this decade’s scams has reached a new high of 73 Lakh crores. It’s hard to digest isn’t it? Here are the details (year wise): 2001 - UTI scam `. 4‚800 cr Dinesh Dalmia stock scam `. 595 cr Ketan
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10 years of financial scams It terms of reform and development‚ the Indian capital market and financial sector have been the fastest to grab every opportunity presented by the paradigm shift in India’s economic policy. Their furious developmental activities have put the two top Indian bourses almost on par with the best in the world‚ in terms of their structure‚ systems and regulation. But for all the development efforts‚ the capital market remains seriously flawed because three key ingredients
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