Showing posts with label 2g. Show all posts
Showing posts with label 2g. Show all posts

Wednesday, July 6, 2011

2G OR NOT 2G

2G or Second Generation Spectrum Scam or the ‘mother of all scams’  as Christened by the media, has washed out all the other scams so far in  the history of Indian politics. With the opposition crying for a JPC (Joint Parliamentary Committee)  probe into the biggest scam ever, media has had a tough time covering  all the allegations and forced adjournments in the Parliament this winter  session.
 

The Government, on the other hand, has been asserting the adequacy  of the Public Accounts Committee for a probe into the irregularities. The standoff between the BJP-led NDA and the other members-the left  parties, AIADMK, Samajwadi party, BJD and TDP got another spurt with  the Comptroller and Auditor General of India (CAG) report that disclosed  a total loss of revenue to the exchequer by Rs.1.76 Lakh Crores. It the biggest ever in terms of the tax-payer’s money ever laundered  in the Indian History and is also termed as independent India’s biggest  financial scam.