Wednesday, August 1, 2018

Top 3 Big SCAM of UPA

A 'SCAM' is surely called a 'SCAM' if challenged by some Audit Report, Supreme Court get involved, Arrest Happen, Bids get Cancel, Exchequer Loss Amount got Notified, Action is Taken, e.t.c
Now have a look ...
#2G_SCAM (1,76,000 Crore)
The difference between the money collected and that mandated to be collected was estimated by the Comptroller and Auditor General of India (CAG) at ₹1.76 trillion (US$26 billion), based on 2010 3G and BWA spectrum-auction prices, as per performance audit report by CAG. with 281 zonal licenses. In 2008, 122 new second-generation 2G Unified Access Service (UAS) licenses were granted to telecom companies on a first-come, first-served basis at the 2001 price. On 2 February 2012, the Supreme Court of India ruled on a public interest litigation (PIL) related to the 2G spectrum allocation. The court declared the allotment of spectrum "unconstitutional and arbitrary", cancelling the 122 licenses issued in 2008.
#COAL_SCAM (10,673,00 Crore)
The CAG report, leaked to the press in March as a draft and tabled in Parliament in August, is a performance audit focusing on the allocation of coal blocks and the performance of Coal India in the 2005–09 period. In 2005 the Government had the legal authority to allocate coal blocks by auction rather than the Screening Committee, but chose not to do so. As a result of its failure to auction the coal blocks, public and private companies obtained "windfall gains" of ₹10,673 billion (US$160 billion), with private companies obtaining ₹4,795 billion (US$70 billion) (45%) and government companies obtaining ₹5,078 billion (US$74 billion)
#Commonwealth_SCAM (70,000 Crore)
On 28 July 2010, the Central Vigilance Commission, an Indian government body created to address governmental corruption, released a report showing irregularities in up to 14 CWG projects. As per official reports, in total 129 works in 71 organisations have been inspected. The detailed preliminary findings included the award of work contracts at higher prices, poor quality assurance and management, and work contracts awarded to ineligible agencies. On 25 April 2011, CBI arrested former CWG Organising Committee (OC) chairman Suresh Kalmadi in the Timing-Scoring-Result (TSR) case. He was arrested under Sections 120 B (criminal conspiracy) and 420 (cheating) of the Indian Penal Code. Commonwealth Games (CWG) scam, one of the major Indian scams involving a pilferage of around Rs 70,000 crore.
We, call these #SCAM's as CAG & Other Agencies submitted their reports, Arrest happened & Cancellation of bids occurred, SC came in Picture & Cases proceeded. Most importantly in all 3 Major SCAM's then #UPA GoI have been found guilty & questioned.
#UPA_SCAMS (Major)

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