"The CAG estimated the ‘presumptive loss’ by calculating the difference between the revenue actually generated and the revenue that would have been generated under four different hypothetical prices for spectrum. The assumptions underlying the estimates of these hypothetical prices are contestable. Moreover, in burrowing deeply into just the pricing issue, the CAG did not reckon with the significant recurring revenue the government would earn via larger spectrum charges consequent on the expansion of telecom."
Quote Details
Added by wikiquote-import-bot
Unverified quote
0 likes
Original Language: English
Available Languages (1)
Sources
Imported from EN Wikiquote
https://en.wikiquote.org/wiki/2G_spectrum_case
Revision History
No revisions have been submitted for this quote.
Categories
2G spectrum case
18 quotes on TrueQuotesView all quotes by 2G spectrum case →
Related Quotes
"Swami is prime ministerial material because of his integrity and honesty in the manner that he has pursued the 2G Spe…"
"In 2007, the Department of Telecom (DoT) under the ministerial charge of A. Raja of the DMK, a partner in the UPA coa…"
"The department consulted TRAI (Telecom Regulatory Authority of India), and TRAI, in turn, endorsed the need to increa…"
"The 2001 cabinet decision stipulated that all future pricing of spectrum would be decided jointly by DoT and the Mini…"
"My opinion was informed by the experience in India and around the world during the intervening years that spectrum wa…"
"The DoT wrote back to say that they saw no reason to revisit the pricing issue and that they preferred to go along wi…"
"Even as this disagreement on pricing remained unresolved, the DoT went ahead and invited applications for licences in…"
"The whole licencing process turned out to be controversial and contentious. There were allegations of arbitrarily adv…"
"In July 2008, some six months after the licences were issued, the two ministers, Finance Minister Chidambaram and Tel…"
"In the months after the issue of licences, stray reports began appearing that spectrum had been given away at a throw…"