Chandrasekhar’s criticism centers around the alleged mismanagement and policy decisions that he believes negatively impacted India’s telecom sector. He contends that the UPA government’s approach led to an environment of uncertainty and regulatory challenges, which in turn deterred investment and hindered the growth of the sector.
One of the major points of contention is the 2G spectrum allocation controversy, which unfolded during the UPA regime. The alleged irregularities in the allocation of 2G licenses and spectrum led to a massive scandal and legal proceedings that spanned several years. Chandrasekhar claims that this incident damaged the sector’s reputation and trust, leading to a slowdown in investments.
Additionally, he criticizes the UPA government for its stance on spectrum pricing, which he believes was arbitrary and detrimental to the telecom industry’s health. He argues that such policies stifled competition and innovation, hindering the sector’s ability to provide affordable and efficient services to consumers.
Source :- the economic times
Chandrasekhar has been an advocate for reforms in the telecom sector, promoting transparent policies, fair spectrum pricing, and a conducive regulatory environment to attract investments and foster healthy competition. He emphasizes the need for a stable and growth-oriented framework that encourages both domestic and foreign players to invest in the sector.
Source:- the economic timesIt’s important to note that viewpoints on this matter can be polarized, and Chandrasekhar’s perspective aligns with his political and business interests. The telecom sector is complex, with multiple factors influencing its trajectory over time. While his accusations highlight certain challenges faced by the sector during the UPA era, a comprehensive analysis would require considering various viewpoints and historical context
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Rajeev Chandrasekhar accuses earlier UPA Govt. of destroying India’s telecom sector
By tirupatinews
