What is ISRO spectrum allocation scam ?
ISRO spectrum allocation scam is out-of-turn allocation of the S-band spectrum by Antrix to Devas without going through a formal bidding process. Devas enjoying the S-band gave the company unlimited leverage in the telecommunication space in terms of high speed mobile communication. It has to be remembered that the auction of just 15 Mhz of similar airwaves for 3G services led to the government gaining a whopping Rs 67,719 crores to its coffers. This is when the freebie deal 70 MHz enjoyed by Devas as part of satellite launch deal with ISRO comes under the scanner for a megre 1000 crore. This happened when industry bigwigs like MTNL and BSNL had to pay Rs. 12,847 crore for 20 Mhz.
How much money is involved in ISRO spectrum allocation scam ?
The CAG reported that this scam causes a revenue loss of Rs. 2,00,000 crore to Government of India exchequer.
When did ISRO spectrum allocation scam happen?
In February 2011 in one of the finding by the Comptroller and Auditor General (CAG) has blown the lid on a spectrum deal between ISRO-arm Antrix and a private company Devas Multimedia with reference to the usage of the 70 MHz S-band by the private player Devas Multimedia for a period of 20 years.
Who are involved in ISRO spectrum allocation scam ?
ISRO's commercial arm Antrix Corp and Devas Multimedia. ISRO is accused of allocating to Devas 70 MegaHertz of scarce S-band spectrum for a 20-year period.
Whistle blowers/ Law enforcers?
ISRO and the Department of Space have scored many successes and enjoyed a good, clean reputation over the decades. Fortunately, in late 2009 some outraged insiders with the help of media blew the whistle on the secret deal.
<< Read Other Recent Scams for GD/PI
ISRO spectrum allocation scam is out-of-turn allocation of the S-band spectrum by Antrix to Devas without going through a formal bidding process. Devas enjoying the S-band gave the company unlimited leverage in the telecommunication space in terms of high speed mobile communication. It has to be remembered that the auction of just 15 Mhz of similar airwaves for 3G services led to the government gaining a whopping Rs 67,719 crores to its coffers. This is when the freebie deal 70 MHz enjoyed by Devas as part of satellite launch deal with ISRO comes under the scanner for a megre 1000 crore. This happened when industry bigwigs like MTNL and BSNL had to pay Rs. 12,847 crore for 20 Mhz.
How much money is involved in ISRO spectrum allocation scam ?
The CAG reported that this scam causes a revenue loss of Rs. 2,00,000 crore to Government of India exchequer.
When did ISRO spectrum allocation scam happen?
In February 2011 in one of the finding by the Comptroller and Auditor General (CAG) has blown the lid on a spectrum deal between ISRO-arm Antrix and a private company Devas Multimedia with reference to the usage of the 70 MHz S-band by the private player Devas Multimedia for a period of 20 years.
Who are involved in ISRO spectrum allocation scam ?
ISRO's commercial arm Antrix Corp and Devas Multimedia. ISRO is accused of allocating to Devas 70 MegaHertz of scarce S-band spectrum for a 20-year period.
Whistle blowers/ Law enforcers?
ISRO and the Department of Space have scored many successes and enjoyed a good, clean reputation over the decades. Fortunately, in late 2009 some outraged insiders with the help of media blew the whistle on the secret deal.
<< Read Other Recent Scams for GD/PI
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very helpful for students running out f time..thnx..
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