Who says there is recession?
There is a company in India – Green House Promoters Private Limited, which recorded a huge ‘domestic’ turnover of Rs 755 crore in the very first year of its operations. Of course it is a mere coincidence that Union Telecom Minister A Raja’s wife MA Parameswari, is a director in that company.
http://www.dailypioneer.com/143633/Zero-to-Rs-755-crore-in-1-year!.html
The telecom minister is accused of deliberately under-pricing telecom spectrum — a scarce national resource, especially in cities and allotting it to a clutch of privately-owned mobile telecommunications companies, thereby causing a huge loss to the exchequer.
Why can’t there be simple guideline – All government licenses will be auctioned.
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