CAG report on 2G Spectrum allocation to be tabled in Parliament next week

"The report has been sent to the President by the Finance ministry and in the next three-four days it will be tabled in Parliament," the sources said.

The BJP-led opposition has been demanding the sacking of Telecom Minister A Raja on the basis of the Comptroller and Auditor General of India's report on 2G Spectrum allocation that is presumed to have caused a revenue loss of up to Rs 1.76 lakh crore.

The CAG is believed to have accused the Telecom ministry for undervaluing 2G spectrum, sold to new players in 2008, and held that the allotment price was not realistic, thereby resulting in revenue loss of up to Rs 1,76,700 crore to the government.

The report is also understood to have castigated Telecom Minister A Raja for ignoring the advice of finance and law ministries on allocation of 2G spectrum to benefit a few operators.
On his part, Raja asserted today that he had not done anything wrong and had only followed the policies pursued by his predecessors.

A senior minister said that there was no threat to the government in any way in the wake of the 2 G spectrum controversy.The minister described as "too hot" the offer of Jayalalithaa to extend AIADMK's support to the government if it dumped Raja who is a minister belonging to the DMK which has 18 MPs in the Lok Sabha.

"You read the CAG report in 2000 on the 2G spectrum and then come back to me," he said in reply to question as to how the government would go about in meeting the opposition onslaught

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