HomeNewsIndia2G Spectrum Scam: The scandal that shook Indian politics

2G Spectrum Scam: The scandal that shook Indian politics

The 2G scam was a major election issue in the Tamil Nadu assembly election and the 2014 Lok Sabha election.

December 21, 2017 / 14:14 IST
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a raja 2g case 2g scam 2g spectrum case
a raja 2g case 2g scam 2g spectrum case

Moneycontrol News

The trial court on Thursday is set to give its verdict in the 2G Spectrum Allocation Scam.

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The 2G Spectrum Scam involved issuing of 122 licenses of the 2G spectrum to 85 companies including many new telecom companies with inadequate experience in the sector. The allocation of the spectrum was made at a price set in year 2001.

The scam not only costed the Indian exchequer estimated USD 15.03 billion, but also impacted politics. The 2G Spectrum Scam, among others dented Congress-led United Progressive Alliance (UPA)'s image at the Centre and Dravida Munnetra Kazhagam (DMK) government in the state of Tamil Nadu, where one of the key accused A Raja hailed from.