Supreme Court rules on scam

In India, our (ex)Telecom Minister had said that Spectrum(space in communication satellite) will be allocated on 'first come first serve' basis.This had any company which knew  the actual price would apply first and be the beneficiary. Our Supreme court has now ruled that such allocation was not legal. The illegal allocation of natural resource(airwaves) was,thus,cancelled. Many telecom companies which had bribed to get allocation of Spectrum by manipulating 'first come, first serve' basis as method of allocation had lost their licenses in India. This is a big loss to these companies. Our Supreme court has ruled that hundred and twenty two companies which tried to push through for getting licenses illegally will have to face the penalty of loss of licenses. Soon TRAI or the Telecom Authority of India will allocate new licences.Now there will be a fair auction of the Spectrum and new licenses would be made on current rate.This will bring revenue to the government and politicians will not benefit from the allocation of licenses.

This move will give the corporate world doubts on investing in India.They need not be apprehensive;they can invest but without illegal deals.But this step is necessary, to bring about transparency.Those who make quick deals will be affected--loss of licenses.To the citizens, this brings relief for justness will prevail.CBI(Central Bureau of Investigation) will make a fresh probe and investigate thoroughly.

Some of the companies which had experienced big losses will challenge this judgement of the supreme court.The impact on the companies will be seen very soon.But the righteous law will prevail ultimately. 
The users will not be affected as there is number portability and they will just have to move to another company whose licenses have not been cancelled.

This is a positive development. So far, illegal deals of the political system with the corporate world has led to big loss of the national wealth and people's progress. Such illegal allocation in other sectors like the mining sector should also be investigated and improper allocations have to be counter checked for growth of the nation.