Wednesday, June 30, 2010

Seems that the Prime Minister's Office, PMO has written to the Department of Telecom, DoT to transfer all licensing issues regarding 2G and 3G to an empowered Group of Ministers, eGoM. This was done with the consent of the Prime Minister and has effectively taken away all powers from the Minister of Telecommunications, Mr. Raja. Mr. Raja arbitrarily awarded 2G licenses to two companies ignoring the suggestion of auctioning the licenses by the Prime Minister. The companies sold their licenses making billions of rupees. There are allegations of a scam worth billions of rupees and the recent auction of 3G licenses indicates that the government may have lost Rs. 1 trillion in fees and taxes. While the people of the country are being hit by a double whammy of increasing taxes and inflation Mr. Raja, his friends and officers of DoT are able to get away after making billions by defrauding the government. Now the Prime Minister has shown his mistrust of Mr. Raja openly by taking away his powers. In any civilised country in the world Mr. Raja would have been sacked and serious investigations instituted. Not here. The Congress needs support of various gangs to stay in power and if sacking Mr. Raja results in new elections the troops will be unhappy. The only way to wealth is by accumulating loot which can only be done if you are in power. Will Mr. Raja resign at the insult which is akin to a public slap on his face. No chance. If he resigns he will get no further opportunities to enrich himself. Take all the insults and shoes across the face and hang in there. Opportunities will come. After all public memory is short. No sharam, no izzat.

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