PMO: No revenue loss in S-band spectrum allocation

New Delhi, February 08: The Prime Minister’s Office today denied media reports that a private company has been allotted 70 MHz of spectrum for Rs.1000 crore through a deal with ISRO, saying no decision has been taken and hence charges of revenue loss of a whopping Rs.two lakh crore were without any basis.

The PMO clarification came even as BJP trained its guns on Prime Minister Manmohan Singh, saying ISRO is directly under his charge and he cannot escape responsibility or accountability for the 2005 “deal”.

Maharashtra Chief Minister Prithviraj Chavan, who was then Union minister dealing with the department, said in Mumbai, “in 2010, when I was a member of the Space Commission, this issue came up…it was decided to cancel it (agreement), that I am sure”.

–Agencies