Monday, May 31, 2010

Mr.Raja this is nt a tollywood movie where anything is possible and acceptable

Mr.Raja this is nt a tollywood movie where anything is possible and acceptable


One of my friend working in HSBC Mumbai said it takes an public holiday or a flood for our office to get closed but @ Chennai office a movie (shivaji) is released and the whole staff gets an off.Personally I feel after watching " Shivaji" that directors can make any unrealistic film there and people are going to accept it( rajnikanat can fight with 100 gundaas and also can doge with Yum dooth at his will) .May be Mr.Raja knows this all well and he has given Indians an typical rajnikant's drama with his telecom portfolio.

Telecome ministry finally rolled out 3G licences last month .It was a much awaited auction and govt was desparately wating to reduce its defeceit.The total collection from this auction went to 67000cr @ 16,700cr /pan India licence. very good news for MR.finace minister who aims to reduce fical defecit to 3% by end of his term.But real question to be asked would be Is it really worth such a high price ?

Analyst say no but telecom companies say its justifiable looking are average age of an Indian and his demand to use advance technology .Its pretty interesting watching the pricing model which telecom companies comes out with because they would definitely need to keep prices high to recover the costs. I fear they are going to be more focused on urban India and might neglect rural India where there is a greater need for better technological services.


Other aspect of 3G auction is that it exposes the underpricing of 2 G licensee given by telecom dept.The average price of a pan India license was 1658 cr( 10 times less than 3G license) which accumulates to to an actual loss of 1lakh cr due to lower price charged by govt.

If u look at it closely than the govt has made a total loss of roughly around 33000cr( diff of 3G license fee and loss due to underpricing of 2G).So as a citizen of this country i would like to ask for a logical answer from the government that manifests it self as " AAM AADMI's " savior.

1 comment:

  1. very good and insightful bro....
    good basic research that you have done.....
    write something about broken education system, misleading figures of inflation, broken healthcare system etc too....let's ignite minds of young indians and fuck the failed government...

    keep blogging and have fun....
    i'm gonna read every blog from u....;.

    ReplyDelete