No licence to loot

Less than a fortnight after a landmark judgment favouring Vodafone that had challenged the government’s Rs 11,217 crore tax demand, the Supreme Court on Thursday quashed the grant of 122 telecom licences and allocation of spectrum in 2008 by declaring it illegal. The judgment also quashes the government’s attempts first to defend its former minister A. Raja’s wrongs, and later its in-your-face assertion that spectrum allocation was a policy decision put in place originally by the previous NDA coalition.

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