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And all came tumbling Down- 2G, 3G..and so and so Jee

Supreme court of India makes a landmark judgement cancelling 122 telecom licences. This flies in the face of the argument of telecom minister who had termed it as zero loss. It would have been worth his while if he had checked as to why the same spectrum went out at 16 crore per MHz in 2G, when the same could bring in 180 crore per MHz in an open auction.
Dr. Subramanium Swamy comes out as a proud crusader, who fought a lonely battle and lived to tell it. Industry raises concern that this will impact investment which is absolutely confusing. When Enron did not impact US market as investment destination. My view is that it will undoubtedly create some temporary volatility, but it will eventually proclaim the lofty height of Indian justice systems which it, even in today's gloomy world is capable of scaling to when called for. I suppose, only market
I find a peg in the otherwise disbalanced world and not only because the same minister who drives the ministry now, runs ministry of education, an eloquent writer looking for ways to censure internet and can not even ensure a decent school for my child when I in my limited intelligence could not fathom the meaning of right to education.

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