New Delhi, March 01: Targeting the BJP for alleged lapses in spectrum allocations during the NDA regime, Telecom Minister Kapil Sibal today said he never said there would be zero loss to the exchequer if the radio frequency was auctioned.
“I never said if spectrum were auctioned it would fetch no price…if spectrum was auctioned the price would be zero,” Sibal said in the Rajya Sabha, moving a motion for setting up a Joint Parliamentary Committee to go into the 2G spectrum scam.
Sibal was under attack for his observations that there was a zero loss, in contrast to the CAG findings which pegged the presumptive loss at Rs 1.76 lakh crore because of alleged irregularities in spectrum allocation in 2007.
When the Telecom Minister said there was nothing wrong in the spectrum allocation policy, he was asked why then his predecessor A Raja was in jail.
——–PTI