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2G Spectrum scam

India's Biggest Scam

By SuganthanPublished 3 years ago 3 min read

The 2G spectrum case was one of the biggest corruption scandals in the history of India. The case involved the sale of 2G spectrum licenses by the government in 2008 at prices that were far below their market value. The case ultimately resulted in the conviction of several high-profile individuals, including politicians and business leaders.

The sale of 2G spectrum licenses was intended to allow telecommunications companies to offer mobile services to consumers across India. However, the licenses were sold at prices that were far below their market value, resulting in a loss of revenue for the government.

The case came to light in 2010 when India's Central Bureau of Investigation (CBI) filed a First Information Report (FIR) against several individuals, including former telecoms minister A. Raja, who was accused of orchestrating the scam.

The investigation revealed that the licenses were sold through a process that was rigged in favor of certain companies. Companies that were close to Raja were given preferential treatment, while other companies were excluded from the bidding process altogether.

The investigation also revealed that kickbacks were paid to various individuals in exchange for their support in securing the licenses. These kickbacks amounted to billions of rupees and were paid by companies that had been granted the licenses.

The 2G spectrum case was highly controversial and sparked widespread public outrage. The case was also highly politicized, with the opposition accusing the government of turning a blind eye to the corruption that was taking place.

The trial of the accused individuals lasted for several years and was closely watched by the public and the media. In 2017, a special CBI court acquitted all the accused individuals, citing a lack of evidence. However, in 2018, the Delhi High Court overturned the acquittals and ordered a retrial.

In 2019, the retrial resulted in the conviction of several individuals, including A. Raja, who was sentenced to four years in prison. Other high-profile individuals, including business leaders and politicians, were also convicted and sentenced to prison terms.

The 2G spectrum case was a watershed moment in Indian politics and demonstrated the importance of transparency and accountability in government. The case also highlighted the need for strong institutions, including an independent judiciary and a free press, to hold those in power accountable for their actions.

The 2G spectrum case had far-reaching implications for the telecom industry in India. The scandal undermined public confidence in the sector and resulted in significant regulatory changes aimed at preventing corruption and ensuring fairness in the allocation of licenses.

The government also took steps to recover lost revenue from the sale of the 2G spectrum licenses. In 2012, the Supreme Court of India ordered the cancellation of all 122 licenses granted during the 2008 sale and ordered the government to conduct a fresh auction. The government subsequently raised over Rs. 1.06 lakh crore (approximately $14.5 billion) from the sale of the spectrum licenses in the fresh auction.

The fallout from the 2G spectrum case also had a significant impact on the political landscape in India. The ruling Congress party, which was in power at the time of the scandal, was heavily criticized for its handling of the case. The opposition Bharatiya Janata Party (BJP) used the case as a key campaign issue in the 2014 general elections, which they ultimately won in a landslide victory.

The 2G spectrum case is still seen as a landmark case in India's fight against corruption. The case demonstrated that no one, regardless of their position or influence, is above the law. It also highlighted the importance of a free and independent judiciary in upholding the rule of law and ensuring justice is served.

In recent years, the Indian government has taken a number of steps to improve transparency and accountability in government. These include the introduction of the Right to Information Act, the establishment of anti-corruption agencies such as the Central Vigilance Commission, and the implementation of electronic auctions for the allocation of resources such as spectrum and coal blocks.

However, despite these efforts, corruption remains a significant problem in India. The country ranked 86th out of 180 countries in the 2020 Corruption Perceptions Index published by Transparency International. The fight against corruption in India remains a work in progress, and cases like the 2G spectrum case serve as a reminder of the importance of continued vigilance and action to root out corruption and ensure that justice is served.

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About the Creator

Suganthan

Hi world! I am from Wonder of Asia Srilankan. Happy to write stories and History blog.

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