Sensationalism killed the telecom sector: Kapil Sibal

November 16, 2012

sibal

New Delhi, November 16: Attributing ‘sensationalism’ over the CAG’s presumptive loss figure of Rs.1.76 lakh-crore for the “killing” of the telecom sector, the Central Government, on Friday, said it planned to auction by March-end the circles that were not taken in the flopped sale of mobile phone spectrum this week.

It also rejected Opposition allegations that the government was celebrating the failure of the auction and said notwithstanding the poor response, it will garner the estimated Rs.40,000 crore from spectrum sales.

An Empowered Group of Ministers (EGoM) headed by Finance Minister P. Chidambaram will meet soon to decide on price and date for auction of spectrum in circles such as Delhi and Mumbai, Telecom Minister Kapil Sibal told a news conference here.

The government, which had set a reserve price of Rs.14,000 crore for pan-India spectrum on the basis of CAG’s assumption of Rs.1.76 lakh-crore loss caused to the exchequer in the previous sale in 2008, managed a meagre Rs.9,407.64 crore in the auction that lasted barely two days.

“The telecom story is no longer a story that we can talk about to the rest of the world.

People ask me the question, what happened? And quite frankly, I have no answers.

“All I can say that certain events took place and there was a level of sensationalism that took over and the government was, in a sense, limited in its policy prescriptions and had to move forward in a certain way which ultimately has resulted in what we have seen couple of days ago,” he said.

Mr. Sibal said the government got more than Rs.1 lakh-crore from the auction of 3G spectrum, which was used by CAG to base its presumptive loss. “But the customer got nothing” as there was no roll-out of 3G services.

“Where are those Rs.1.76 lakh-crore?” he asked in an apparent reference to the CAG estimate and the money garnered in the auction that concluded on Wednesday.

Mr. Chidambaram, responding to questions on the net gains made by the government, said, “I think you are all jumping to numbers. I thought we started by saying let’s stop myth making first. I think you are making or building more myths now.”

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Agencies
June 8,2020

Idukki, Jun 8: Devikulam MLA S Rajendran from CPM along with supporters staged a protest by blocking the Munnar-Udumalpet interstate highway here on Monday, demanding that action to be taken to prevent wild elephants entering into human settlements and destroying properties.

The protest started at 9.30 am and demand was made that senior forest officials should give them assurance of putting an end to the problem.

A police team led by Munnar Deputy Superintendent of Police (SP) Ramesh Kumar was camping in the area.

Wild elephants from the nearby forest are frequently trespassing into Munnar and last night two elephants destroyed a vegetable shop in the town.

If it was a lone elephant that the locals nicknamed as Padayappa that used to enter the human settlement, now along with him a baby elephant is also coming to the town at night.

The locals have named the second elephant Ganeshan. Though there were instances of them destroying crops and eating from vegetable shops, till now the duo has not attacked humans.

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News Network
March 31,2020

Srinagar, Mar 31: In order to prevent the spread of coronavirus, the Jammu and Kashmir administration on Tuesday declared 20 villages of Kashmir division as 'red zone'.
"20 villages including Parray Mohala Hajin, Chandergeer Hajin, Batagund Hajin in Bandipora district, Gudoora, Chandgam, Pinglena, Parigam, Abhama, Sangerwani and Khaigam in Pulwama district, Waskura in Ganderbal, Sedew, and Ramnagri in Shopian district have been declared as red zones," said Department of Information and Public Relations, J-K, in a tweet.

In Srinagar district, Mehjoor Nagar, Natipora, Lal Bazar, Eidgah and Shalteng villages have been declared as red zones.

"Chadoora in Budgam district of Kashmir division has also been declared as red zone," another tweet said.

The total number of COVID-19 cases in Jammu and Kashmir climbed to 49 after 11 more people tested positive in the Union Territory on Monday. While three of these cases were reported from Jammu region, eight were from the Kashmir division.

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News Network
June 22,2020

New Delhi, Jun 22: With an increase of 14,821 new cases and 445 deaths, India's COVID-19 count reached 4,25,282 on Monday.

According to the latest update by the Union Ministry of Health and Family Welfare (MoHFW), 13,699 deaths have been recorded due to the infection so far in the country.

The rise in confirmed cases today is lower than the highest spike of 15 thousand plus cases registered on Sunday.

The count includes 1,74,387 active cases, and 2,37,196 cured/discharged/migrated patients.

Maharashtra with 1,32,075 confirmed cases remains the worst-affected by the infection so far in the country. The state's count includes 60,161 active, 65,744 cured, discharged patients while 6,170 deaths have been reported due to the infection so far.

Meanwhile, the national capital today became the second-worst affected region in the country with the number of confirmed cases in Delhi reaching 59,746 as opposed to Tamil Nadu's 59,377 cases.

While 2,175 deaths have been reported in Delhi due to the infection so far, the toll in Tamil Nadu stands at 757.

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