Senior Congress member P C Chacko was today made the Chairman of the JPC on the 2G spectrum issue, setting in motion the probe into what the opposition is alleging as the biggest scam in independent India.
Chacko, 65, who represents Thrissur in Kerala in the Lok Sabha, was appointed the head of the 30-member high level panel by Speaker Meira Kumar, Parliamentary Affairs Minister Pawan Kumar Bansal said.
The JPC, having 20-members from the Lok Sabha and 10 from the Rajya Sabha, came into being a few days back, ending three-months of deadlock in Parliament between the government and the opposition, which latched on to a report of the Comptroller and Auditor General late last year which spoke of a presumed loss of Rs 1.76 lakh crore.
The two Houses of Parliament have passed resolutions approving the setting up of the JPC.
A Raja was forced to quit in November as Telecom Minister in the wake of the CAG report and is currently lodged in Tihar jail after being questioned by the CBI. Government says that Raja was being prosecuted for the possibility of criminal culpability.
The JPC will examine irregularities and aberrations, if any, in the implementation of government decisions and policy prescriptions on telecom licences and spectrum from 1998 to 2009.
The panel will also make recommendations to ensure appropriate procedures for allocation and pricing of telecom licences.
It will examine policy prescriptions and their interpretation by successive governments, including the decisions of the Union Cabinet and the consequences thereof, in the allocation and pricing of licences and spectrum.
Government had agreed to the JPC after the Opposition threatened to disrupt the Budget session of Parliament as well, after almost the entire winter session was washed out.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
