An Indian man passes by closed mobile phone shops in Mumbai, India, Saturday, Nov. 20, 2010. The Indian department of telecommunications (DoT) allotted licenses for 2G services to new telecom service providers caught in the spectrum pricing scandal. The communications minister A. Raja resigned amid accusations of under pricing 2G spectrum. (AP Photo/Rajanish Kakade).

2G Spectrum Scandal rocked the political scene of India during the second term of United Progressive Alliance rule headed by Manmohan Singh. It pertains to the alleged loss to the exchequer to the tune of Rs.30,984 crore and a presumptive loss of Rs. 1.76 lakh core in the allocation of 122 2G licences to telecom companies. A special court acquitted all the accused, including former Telecom Minister A. Raja, citing lack of evidence.

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September 25, 2016