Sunday, 17 November 2013

Yashwant writes to PM again, protests against spectrum reserve price

NEW DELHI: After having written to Prime Minister Manmohan Singh last week on "irregularity" in deciding the new reserve price for spectrum, senior BJP leader Yashwant Sinha shot off a second letter to the PM on Saturday.

"This is further to my letter of November 9, 2013, in which I had raised the serious issue of the colossal loss being caused to the nation by lowering the reserve price spectrum in 1800 MHz and 900 MHz bands for the forthcoming spectrum auction and by the steep reduction in the spectrum usage charges (SUC) recommended by Trai suo-moto," Sinha said in his second letter.


"Unfortunately, instead if seriously considering these issues of national importance, your government, specially the minister of communications and IT, has tried to give a political colour to the entire matter," Sinha said. He added that he did not wish to "descend to the level or lower the dignity of political discourse" but was furnishing his own "calculations" to understand the facts and figures he had provided in the first letter.


Expressing dismay at the new reserve price of spectrum set by Trai, Sinha had said the steep reduction in costs would benefit a few operators and cause a loss to the exchequer and demanded that the PM ask his office to reject the recommendations.


In his letter, Sinha had said the proposed steep reduction in spectrum reserve price and spectrum usage charges would favour a few operators at the cost of the national exchequer. He had pointed out that Trai has reduced the price of 1 MHz of spectrum pan-India by 37%, and the reduction was much steeper for key circles like Mumbai and Delhi at 50%.


Giving details of his calculation of how he thought the government stood to lose on the new reserve pricing of spectrum, Sinha again warned the PM that "the government will be giving the precious spectrum resource free of cost to these operators while incurring additional loss to the exchequer on account of reduction in the SUC".






Categories:

0 comments:

Post a Comment