SPECTRUM TO BE ALLOCATED WITHOUT AUCTIONS ? MAY LEAD TO HEAVY LOSS TO THE EXCHEQUER.

According to a report published in the Times of India dated 23-11-2017, the Telecom Department is considering allotting valuable V- Band Spectrum without auctions. The move is a gross violation of the Supreme Court judgment on 2G which had clearly laid down that government shall allocate spectrum to private operators only through an auction process.

If the government also agrees, most probably it may happen too, and allot the spectrum on first-come-first-served basis (FCFS) without auction the size of the potential revenue loss to the exchequer could be at least Rs.4,77,225 crore. 

This is another instance on which the government succumbing to the pressure of the corporates compromising the national interest.