JPC term extended till end of winter session

Last Updated: Thu, May 17, 2012 15:52 hrs

The Lok Sabha on Thursday extended the term of the Joint Parliamentary Committee (JPC) investigating the 2G spectrum scandal till the end of the Winter Session to present its report.

The Lok Sabha adopted the motion moved by the committee chief P.C. Chacko.

The term of the committee was scheduled to end on the penultimate day of the Budget Session.

The JPC consists of nearly 30 lawmakers from different parties and is headed by Chacko of the Congress.

It was formed in 2011 to look into the policy prescriptions connected to the telecom sector between 1998 to 2009.

Supposedly masterminded by ex-telecom minister A Raja, the 2G scandal is so named because of the type of spectrum involved, and could have caused as much as Rs 1.76 lakh crore in losses to the exchequer according to the government's auditor CAG.

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