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  • Zero Loss Theory

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    Rachit
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    Kapil Sibal proposed the "zero loss theory" in 2011 when he was the communication and IT minister, arguing that the government incurred no loss by selling telecom frequencies below cost because it was forming policies for public welfare rather than revenue maximization. The theory disputed a CAG report that estimated losses from frequency allocation, claiming the estimated loss was inaccurate and manipulated by the opposition.

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    ZERO LOSS THEORY

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    Kapil Sibal proposed the "zero loss theory" in 2011 when he was the communication and IT minister, arguing that the government incurred no loss by selling telecom frequencies below cost because it was forming policies for public welfare rather than revenue maximization. The theory disputed a CAG report that estimated losses from frequency allocation, claiming the estimated loss was inaccurate and manipulated by the opposition.

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    17 views1 page

    Zero Loss Theory

    Uploaded by

    Rachit
    Kapil Sibal proposed the "zero loss theory" in 2011 when he was the communication and IT minister, arguing that the government incurred no loss by selling telecom frequencies below cost because it was forming policies for public welfare rather than revenue maximization. The theory disputed a CAG report that estimated losses from frequency allocation, claiming the estimated loss was inaccurate and manipulated by the opposition.

    Copyright:

    © All Rights Reserved
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    ZERO LOSS THEORY – BY KAPIL SIBAL:

    This theory was given by Kapil sibal in 2011. When he was communication and IT

    minister of India .The following highlights of zero loss theory are as follows:

     At that time government was giving licences on “first –cum-first serve basis “and

    the government was not ready to sell frequencies less than the actual cost .

     Due to this it was suggested that there was no loss incurred by selling these

    frequencies.

     Kapil sibal raised his voice against CAG report and questioned against it and he

    said the estimated loss was not accurate and opposition manipulated the CAG

    report.

     He also said that government forms policies for the welfare of the public rather

    than maximising the revenue of the government.

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