India Breaking News

Wednesday, February 2, 2011

Timeline of the 2G Scam

Former Telecom Minister A Raja was arrested by the CBI for his alleged role in the 2G spectrum scam on February 2, 2010. Here is a look at the timeline of the 2G scam:

2007:

A Raja takes over Telecom Minister

A Raja decides to allocate, not auction, 2G spectrum as per 2001 rates

Sept 25, 2007:

Raja arbitrarily changes cut-off date for receiving spectrum applications

Nov 2, 2007:

PM asks Raja to be fair and transparent; Raja insists on going ahead with first-come-first-served model

Jan 10, 2008:

Pan-India licence fee fixed at 2001 rate of Rs 1,658 crore

Nov 2008:

Left demands probe, alleges loss of Rs 60,000 crore

Oct 22, 2009:

CBI registers FIR against unnamed DoT official and private firms for criminal conspiracy and loss to exchequer

2010:
3G auctions yield around Rs 70,000 crore

CAG launches probes 2G spectrum allocation

Supreme Court steps in

Parliament's Winter Session paralysed over demand for JPC

Nov 14, 2010:

PM forced to sack Raja after Opposition, SC pressure

Nov 16, 2010:

CAG estimates loss between Rs 70,000 crore and Rs 1.76 lakh crore


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