"Whether or not there is a cartel in any economic activity is something that has to be decided by way of evidence, and there is CCI that is charged with the jurisdiction of doing so. But the CAG has not used the word 'cartel'. This has to be decided by the appropriate authority. These cannot be decided without evidence, and this has to be decided only by the authority that has the jurisdiction on it.

"The telecom ministry cannot take a position on this issue. I don't expect the CAG to take a position on this. But if the CAG were to do so, he cannot as he is ultimately an accountant. So, he cannot be dealing with cartelisation — if he believes there was cartelisation, he has to send it to the appropriate authorities...." Read More

Jyothi Shankaran

    Jyothi’s last role was as Senior Editor with the business news channel Bloomberg TV India. He also worked as News Editor at business-standard.com, the online version of the business newspaper Business Standard. Jyothi is a chemical engineer from the Regional Engineering College, Srinagar.