- Advertisment -
HomeNationalFormer Telecom Minister A.K. on 5G spectrum sale Raja raised questions,...
- Advertisment -

Former Telecom Minister A.K. on 5G spectrum sale Raja raised questions, expressed fear of ‘scam’

- Advertisment -

Former Telecom Minister A. Regarding the recently concluded 5G spectrum auction, Raja said that ‘the government itself had estimated that 5G would be sold for five lakh crores, but now it has been auctioned for 1.5 lakh crore rupees. So where did the rest of the money go?

DMK leader A. King. (Photo: PTI).

New Delhi: Former Telecom Minister A. Raja – who won the recently concluded 5G spectrum auctionbig scam‘ Where did the money go?

The auction of 5G spectrum, which began on July 26, ended on Monday, August 1.

Hindustan Times According to reports, the king asked on Thursday, 4 August, ‘Where did the money go? Where’s the mistake? This present government should investigate it.

The DMK leader, who was the telecom minister in the UPA government, was made an accused in the alleged 2G scam. At that time, Raja was severely criticized, especially by the BJP, which was in the opposition at that time, who repeatedly targeted him. This emerged as a big issue in the 2014 general elections, which benefited the BJP.

However, in 2017 a Delhi court acquitted Raja along with 34 others. The court said that ‘the CBI can make any allegation against any accused, which well thought out charge sheet miserably failed to prove it.

Speaking to reporters in Chennai on Thursday, Raja said, “The government itself had estimated that 5G would sell for five lakh crores, but now it has been auctioned for 1.5 lakh crores.”

According to the news of Hindustan Times, he was talking about the reserve price of 4.3 crores kept for a total of 72 GHz spectrum among 22 telecom circles before the auction. However, the government has got only 35 per cent of this value.

The Hindu According to this, earlier on August 3, Raja had demanded an inquiry into the matter. “When I recommended only 30 MHz spectrum to the Telecom Regulatory Authority of India (TRAI), the then CAG Vinod Rai said that the government suffered a loss of Rs 1.76 lakh crore. But now 51 GHz 5G spectrum is being sold at a lower price.

He further said, ‘When you do some search on the Internet, it takes you 10 seconds in 2G, five in 4G and you will get the result in one second in 5G. How great is 5G. But when you compare the numbers with this capacity, then the 5G auction should have attracted at least Rs 5 or 6 lakh crore of bids.

The News Minute Raja said on Wednesday, “We don’t know what was wrong – planning or estimation, or whether they got this number out of the air, or whether the central government had tried some corporate companies to execute this scam.” has colluded with. Now all this should be investigated.

It is noteworthy that the Telecom Minister in the UPA government, A. Raja was considered the face of the 2G spectrum scam, which came to light after the then Comptroller and Auditor General Vinod Rai claimed that the 2G allocation process in 2007-08 caused an estimated loss of Rs 1.76 lakh crore to the exchequer.

However, Rai’s estimated loss figure was questioned and the CBI in its chargesheet had put the estimated loss figure in the range of Rs 20,000-30,000 crore.

In response to Raja’s allegations, the current Telecom Minister Ashwini Vaishnav has dismissed Raja’s claims. he on Wednesday The Hindu Said, ‘I am surprised to say all this by a former minister. Many bands have not been sold and the ones that have not been sold are with the government. How did this scam happen?’

He further clarified that out of the total spectrum put up for auction, spectrum worth Rs 1,50,173 crore has been sold and the unsold spectrum is worth Rs 2,81,432 crore. He also pointed out that the spectrum bands of 600 MHz and 2300 MHz did not sell at all due to the weak ecosystem of such segments.

71% spectrum sold for 5G service: Govt

Meanwhile, the government on Wednesday said that 71 per cent of the total spectrum put up for auction in various spectrum bands for international mobile service/5G has been sold.

Minister of State for Communications, Devu Singh Chouhan told in the Lok Sabha that 71 percent of the total spectrum put up for auction has been sold.

The minister informed that a total of 72097.85 MHz spectrum has been auctioned with a validity period of 20 years. According to the Ministry of Telecom, 5G will be brought in India from the coming October.

Reliance Jio is the largest bidder

Indian Express Reliance Jio has won nearly half of the total spectrum sold in the 5G spectrum auction with a bid of Rs 88,078 crore.

According to news agency PTI, Adani Enterprises, a company of Adani Group, has bought 400 MHz spectrum for Rs 212 crore. This is less than one percent of the total spectrum sold. The group has bought spectrum in that band which is not used for public telephone service.

Apart from this, Sunil Bharti Mittal’s Bharti Airtel has bought spectrum worth Rs 43,084 crore while Vodafone Idea has bought spectrum worth Rs 18,799 crore.

Categories: India, Politics, Special

Tagged as: 2G Spectrum, 2G Spectrum Scam, 5G Spectrum, 5G Spectrum Auction, 5G Spectrum Sale, A Raja, Airtel, Ashwini Vaishnaw, BJP, CAG, Modi Govt, Reliance Jio, Telecom Minister, Telecom Ministry, UPA Government, Vinod Rai

, Former Telecom Minister A.K. on 5G spectrum sale Raja raised questions, expressed fear of ‘scam’

The Ultimate Managed Hosting Platform
- Advertisment -

Most Popular