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SumanSpeaks Independent Capital Markets & Geopolitical Intelligence POLITICAL ECONOMY | PART 1: THE TELECOM TEST The Sangh’s Costliest Blunder: Keeping Narendra Modi in the Chair After Demonetisation and a Trail of U-Turns Two private giants, one state-propped survivor, roughly ₹3.22 lakh crore in announced BSNL revival and support packages (spectrum allocation included), and ₹1.41 lakh crore of AGR dues still on the books: telecom shows what happens when one man’s brand becomes the party’s only policy. This is an argument against Narendra Modi, not against the BJP. SYNOPSIS India’s telecom market has narrowed from a messy but real plurality into two dominant private networks, one weak private survivor kept alive by government equity, and a public operator that has needed about ₹3.22 lakh crore in announced support packages and spectrum allocations, not all of it cash. The 2010 spectrum auctions that started the debt spiral were a UPA-era event, and we say so plainly. But a ...
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Shettar to support Phase 2 of UIDAI
Press Trust Of India / Bangalore Aug 26, 2012
Good news for the shareholders of Tera Software Ltd
Karnataka Chief Minister Jagadish Shettar today assured the state’s support for the second phase of the Unique Identification Authority of India (UIDAI) project expected to commence from this October.
Shettar gave the assurance to UIDAI Chairman Nandan Nilekani when the latter called on on him here. Sources in the Chief Minister's Secretariat said Nilekani informed that the authority had so far issued 14.1 million cards in Karnataka and will take up the second phase in October to enroll the remaining 39.1 million population.Shettar said the government was ready to release the state's share of funding for the project.
Chief Secretary S V Ranganath, Principal Secretary to IT and BT Department I S N Prasad were also present at the meeting.

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