Skip to main content

Summary of Antrix- devas scam


Excerpts from ET article

  • Antrix Corporation was set up as the marketing arm of Isro in 1992
  • company hoped to promote commercial exploitation of space products,technical consultancy services and transfer of technologies developed by Isro
  • A major objective is to facilitate development of space-related industrial capabilities in India
  • Forge Advisors,a US-based strategic consultancy, established an Indian company called Devas Multimedia,with some former Isro scientists on board.
  • Antrix inked a memorandum of understanding with Forge for exploring opportunities in digital multimedia services
  • agreement provided leasing of 90% of the space segment capacity on two satellites for 12 years to Devas
  • Antrixs board approved the draft agreement between the two sides,and the agreement was signed
Two Satellites
  • Antrix committed to build and launch two satellites
  • These two would have helped Devas deliver a range of services such as broadband to remote areas
here's how a scam was discovered
  • there was no tendering for awarding the contract to Devas
  • the Cabinet was not informed that the two satellites were being built by Isro for Devas
  • satellites were leased to Devas at throwaway prices

Counter arguments

  • Antrix-Isro,regularly leases satellite capacity to private firms in the direct-to-home business without tendering
  • Devas was bringing in new technology that had a high risk of failure
  • estimated loss of 2 lakh crore was based on comparing what Devas paid to 3G auction prices
    1. it was a nonsensical comparison because the 3G spectrum and its uses and market are completely different from those of the S-band spectrum and the related technology that Devas would have used

OUTCOME

  • Image of Antrix,which was supposed to be the government space technology arm that would bring in private investment and cutting-edge technology and market Indian space capabilities abroad,remains very badly damaged.

Comments

Popular posts from this blog

Janani Shishu Suraksha Karyakram

FEATURE H&FW B.   Narzary * Reducing the maternal and infant mortality rate is the key goal feature of the Reproductive and Child Health Programme under the National Rural Health Mission. Several initiatives have been launched by the Ministry of Health & Family Welfare under the Mission including  Janani   Suraksha   Yojana , a key intervention that has resulted in phenomenal growth in institutional deliveries with more than one  crore  women  beneficiaries  annually. JSY was launched to promote institutional deliveries so that skilled attendance at birth is made available  and  mothers and new born babies can be saved from pregnancy related complications and deaths.

NIOS to open study centre at Gaghidh central jail

Jamshedpur : In a boost to increase educational opportunities for inmates of the Gaghidih central jail, the prison administration has joined hands with National Institute of Open Schooling (NIOS). The NIOS regional office has agreed to open study centre in the Gaghidih jail next month. To start with, 30 inmates of the jail will pursue matriculation and senior secondary board examinations through NIOS study centres. "Initially, 30 inmates will pursue their academic career through NIOS and the classes shall begin by July," said jail superintendent Tushar Ranjan Gupta. The state government will bear the study expenses of the inmates. The NIOS will charge about Rs 2,000 from each inmate who seeks to appear in any of the two examinations. The institute will conduct biennial examinations In April and October every year. According to sources, out of the 12-odd CPI (Maoist) rebels who are currently lodged in the jail, a few have expressed their desire to pursue studies

Preamble : Constitution of India : IAS Notes

Pic courtesy : http://hyderabad-india-online.com/ Preamble - Bare -  http://www.ankitrajvanshi.in/2012/11/preamble-bare.html "Preamble is a microcosm of the constitution and is a key to the constitution." Preamble is not enforceable Words socialist, secular and integrity  was added by the 42nd constitutional amendment of 1976 Preambular values Sovereignity : Sovereignity is a characteristic of the government. It means that there is no authority above the government either outside or inside the country. ** Preamble of India establishes popular sovereignity and not parliamentary sovereignity. Socialist : Socialism means ownership of productive forces by the government so that they benefit people equitably. Secular : Secularism means separation of religion from politics. Religion is private while politics is public. Democracy : Democracy means rule by the people. Republic : Republic is a political order in which the supreme power lies in a body of citizens.