Senior CPM leader Sitaram Yechury said there was lot of “false propaganda” that the auction has not yielded much and the loss was not what the CAG had estimated, but the fact was that “for 122 licences, the government had earned a little over Rs 9,000 crore in 2008, while for 22 circles which were auctioned now, it has already earned more”.
He said both the government and the corporates have a “vested interest” in keeping the prices low. Yechury said the government could have got better prices had it waited for some more months as the market would expand when data usage on mobiles phones picks up and asked the government to wait for some time before going for the next round of auction.
BJP spokesperson Prakash Javadekar too spoke in similar vein. He said contrary to the government’s claim, the CAG’s findings have been vindicated as only 22 licences have fetched more than the whole lot of 122 licences which were given in 2008 on first-come-first-serve basis. “Further, CAG has calculated the figure for 2008 and not 2012,” he said.