Scene 1 -
Act 1 - India Shining
Government comes out with a policy to give 2G spectrum to telecom companies at a predefined rate. The spectrum is allocated to a number of companies so that it results in healthy competition and the cell phone call rates for the end users remain low. Right objectives, right policy!
Act 2 - Crony Capitalism
Enters A Raja, the telecom minister. Favors a few companies. Companies favored by Raja sell their stake to other entities(some of them foreign). Everyone pockets truck loads of money.
Scene 2 -
Act 1 - Hell breaks lose
Media and opposition, citing the money received from 3G auctions, call the policy of giving away 2G spectrum, at low rates, as faulty, resulting in loss to national exchequer.
Act 2 - As you sow so shall you reap
A Raja's role of favoring a select few companies comes to light. Raja in Jail.
Act 3 - Throw out the baby with the bath water
Judiciary steps in. Instead of booking the guilty and the corrupt, kills the 2G spectrum allocation policy. A policy which is bang on what we as a nation need - ubiquitous availability of communication devices that are inexpensive to use.
Repercussions -
a) No faith in govt policies and contracts (likely to impact future investments)
b) For some quick gains (money received by auctioning the 2g spectrum), jeopardize the long term objective of widening the use and availability of telecom services
c) Instead of making an effort to separate the bad from the good and punish the bad, judiciary seeks to kill the bad by killing everybody!
Scene 3 -
Act Final (Recommended) - Return of sanity -
Take licenses from those entities that were favored by Raja. Penalize them. Do not kill the policy which is absolutely sane.
Act 1 - India Shining
Government comes out with a policy to give 2G spectrum to telecom companies at a predefined rate. The spectrum is allocated to a number of companies so that it results in healthy competition and the cell phone call rates for the end users remain low. Right objectives, right policy!
Act 2 - Crony Capitalism
Enters A Raja, the telecom minister. Favors a few companies. Companies favored by Raja sell their stake to other entities(some of them foreign). Everyone pockets truck loads of money.
Scene 2 -
Act 1 - Hell breaks lose
Media and opposition, citing the money received from 3G auctions, call the policy of giving away 2G spectrum, at low rates, as faulty, resulting in loss to national exchequer.
Act 2 - As you sow so shall you reap
A Raja's role of favoring a select few companies comes to light. Raja in Jail.
Act 3 - Throw out the baby with the bath water
Judiciary steps in. Instead of booking the guilty and the corrupt, kills the 2G spectrum allocation policy. A policy which is bang on what we as a nation need - ubiquitous availability of communication devices that are inexpensive to use.
Repercussions -
a) No faith in govt policies and contracts (likely to impact future investments)
b) For some quick gains (money received by auctioning the 2g spectrum), jeopardize the long term objective of widening the use and availability of telecom services
c) Instead of making an effort to separate the bad from the good and punish the bad, judiciary seeks to kill the bad by killing everybody!
Scene 3 -
Act Final (Recommended) - Return of sanity -
Take licenses from those entities that were favored by Raja. Penalize them. Do not kill the policy which is absolutely sane.
Sir--> In India there is more fault of Judicial system then of Political System. All politicians have a firm belief that they will tackle judiciary any how by any means.Judicial system should be more prompt and candid.
ReplyDeleteThat is right! I find judiciary to be failing in its duty as well. Judiciary is incapable of delivering justice in time. Justice delayed is justice denied. There are million of cases pending in the judicial system. Common man finds it hard to get relief. Unscrupulous elements take advantage of this fact and go about their evil ways with no fear of retribution!
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