Stop Kidding Mr. Sibal

I was simply stupefied when I read reports of Mr. Kapil Sibal, criticizing the CAG for the methodology they had adopted in estimating the losses incurred to the exchequer on account of the 2G spectrum scam. Mr. Sibal has managed to pull out a few numbers out of his hat and has tried to prove that there were no transgressions involved in the 2G spectrum allocation. The whole nation is well aware of the irregularities committed and it is high time that the UPA government stops fooling around and launched a full- fledged investigation. Companies made huge profits (close to 400 %) by just selling their procured 2G spectrum licenses within a week and many other companies which were willing to shell out close to 13500 crore for securing 2G licenses, were offered licences for just 1/6^th of that price. All these generate enough doubts and it’s the responsibility of the government in power to clear the air. However, the UPA government has been trying to deflect the attention of the public away from the injudiciousness in the procedures adopted by its government in spectrum allocation. They started with Raja being targeted because of his dalit background, passing the buck by lambasting the policies followed by the previous BJP government and now to top it all questioning the methodologies adopted by CAG.

The whole issue of spectrum allocation brings out the farce in the policies being followed by our governments. How could resources such as spectrum which are of massive economic value to the nation be allocated on the basis of the whims and fancies of a single individual? The spectrum issue clearly brings out the numerous loop holes that exist in our system and how canny politicians like Mr. Raja have exploited them to siphon off public money.

The year of 2010 has been baptized has the year of scams and it calls for the establishment of sufficient checks and balances in the system to prevent such misdeeds in the future.