2G verdict: Govt wants presidential reference on auction of resources
When the Supreme Court cancelled 122 licenses granted in 2008 for mobile network licenses and accompanying spectrum, the two judges who delivered the verdict said all national resources must be distributed only through an auction. The licenses revoked by Justices AK Ganguly and GS Singhvi had been allocated on a first-come-first-serve basis by then minister A Raja. The judges said this policy was "fundamentally flawed" partly because it presented an advantage to anyone with access to the "corridors of power."
