3. In 2008,the UPA, issued 122 new telecom licenses to several domestic companies with little or no experience in telecom sector, and at a price set in 2001. The shortfall between the money collected and the money which the law mandates to be collected is 1.76 lakh crore rupees.
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5. Source:CAG report,Nov 2011&TRAI Report on 2G spectrum of Feb 2011 Category Loss as per CAG New 2G value (Rs.in Crore) Loss based on Trai’s new2G Value (Rs. In crore) 122 New licences 1,02,498 54,323.9 35 Dual Tech Licences 37,154 19,691.6 Spectrum Held in Excess of 6.2MHZ 36,993 50,310.5 Total Loss 1,76,645 1,24,326.0
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8. Comptroller and auditor General of India Central Bureau of Investigation Central Vigilance Commission Directorate of Enforcement