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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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Further, this content is not intended to be used for commercial purpose. Technicalsymposium.com is not liable/responsible for any copyright issues.
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