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The 2G scam - has shaken the trust of world business in India

For:

- Needless to say, the scam involved millions of dollars of money. This means that the money that could be used for a better cause was involved in corruption.

- Many companies that received the license were not even eligible. Such scams encourage many other companies.

- Lot of officials involved is public servants with great powers and stature.

- This case is considered as one of the biggest scams of the country. Obviously, such scams shake the trust of world business in India.

- There were foreign investments that were affected by this scam. Certainly, foreign companies will be in dilemma to invest henceforth.

Against:

- The 2G scam has shown the right path and exposed the loopholes in the policies and procedures.

- Foreign companies are matured enough to realize that such scams are more individualistic in nature rather than based out of benefit of the country.

- India is a developing country; the spectrum of investments and earnings is varied. It cannot get influenced by such scams.

- India is a democratic country and known for its sovereignty and integrity. Foreign companies realize that justice would be granted sooner than later.

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