Editorial

The Cost Of 2G Spectrum Was More Than Rs 2 Lakh Crore. Cost Of 5G Spectrum At Today’s prices Is Rs 1.5 lakh Cr

The central government will earn Rs 1.5 lakh crore through the auction of 5G spectrum, which lasted for about a week.

So naturally the question raising from many section tha how the then CAG came to the conclusion of estimated loss of Rs. 1 Lakh 76 thousand crore in 2-G spspectrum auction.

If the total cost of 5G spectrum at today’s prices is Rs 1.5 lakh crore, then howg can the cost of 2G spectrum be more than Rs 2 lakh crore (the amount that came to the exchequer and the loss allegedly caused) at that time?

This matter is very serious because the fall of the UPA government started with the alleged scam in the auction of 2G spectrum. 

Behind this raised question, there is a thinking that the whole matter was fake and behind it was the hand of those corporate houses and political forces, Those who wanted to remove the UPA from power. 

Cases related to that alleged scam have already been dismissed in court.

So now it is to observe that which forces in a democracy have such capability of propaganda and organization, which can derail the whole democratic process by fabricating matteirrs?

Now that time cannot be brought back. Despite this, such incidents and phenomena must be discussed, so that ultimately history can give its right decision. 

A special facility has been given to companies for payment in this auction. Companies will be able to make the payment in 20 annual installments. 

Every year the installment will not have to be deposited as advance amount at the beginning of the year. 

The option to return the spectrum after 10 years will also be opened. Clearly, these terms are customary for the corporate sector. 

Now the question is, if the then government was accused of being involved in crony capitalism, then what would such condition be called prevailing now..

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