Wednesday, March 2, 2011

Sibal blames NDA 2G scam

(PTI) Under attack over the 2G scam, Telecom Minister Kapil Sibal today sought to put the blame on BJP saying the NDA regime's revenue-sharing method, instead of a fixed licence fee, caused a revenue loss of about Rs 1.50 lakh crore.

The licence fee charged at that time was Rs 623 per subscriber and if that regime had continued for another 20 years, it would have earned the government over Rs two lakh crore whereas only Rs 80,000 crore was collected.

"So, if the net loss is calculated, it would come to around Rs 1.50 lakh crore," he said while moving the motion on setting up the Joint Parliamentary Committee (JPC) on 2G spectrum scam in the Rajya Sabha.

"Let's not get into it," he quipped while responding to Leader of the Opposition Arun Jaitley's defence of the revenue-sharing policy

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