Another scam on spectrum allotment has been exposed by the CAG. The report charged the government with allotting spectrum to Reliance Jio below value which resulted in Rs. 4,800 crore to government.
The report stated” Due to the provision of inadequate eligibility criterion for the participation in the auction of BWA spectrum and deficient due diligence on the part of the DOT Officials, the promoters of IBSPL.. made windfall gain of Rs. 4,800 crore at the cost of public exchequer immediately after closure of BWA Spectrum auction in June 2010.”

The full details of scam is going to be exposed.