Thursday, November 15, 2012

2G auction and media spin

The just concluded 2G auction for 22 licenses fetched the Govt of India INR 9250 Crores. The Govt and the ever obliging media are potraying this as a damp squib auction. Few of the *Usual Suspects* in the media have already started to use this information to state that the CAG's 2G's presumptive loss of 1.76 lakh crores as incorrect and thereby the 2G scam never actually happened!

Firstly everyone has to get their facts right. Mr. A Raja sold 122 licenses of 2G for INR 9150 Crores and this auction was only for 22 licenses of the total 122. If the auctioning of just 22 licenses could have fetched nearly 100 crores more than what Mr. A Raja sold the licenses for, how could this auction be stated as damp squib?

One thing is pretty clear, all those journalists calling this auction as damp squib are absolutely mediocre as they do not have any understanding of the field which they are reporting or they can be very well be assumed to be Govt stooges/Govt propagandists.

If only there wasn't the Internet, everyone would have believed what was being spoken on the "National" media. Thank god for that (Now Rahul Gandhi would want us to thank Congress for this because as per his speech earlier this month, Computers were brought to India by the Congress Govt!)

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