........ In so doing, it fails to reconcile or even mention that Dr. Subbarao had, on November 22, 2007, written to the then DoT Secretary, questioning the 2G pricing: “It is not clear how the rate of Rs.1600 crores determined as far back as 2001, has been applied for a license given in 2007, without any indexation let alone current evaluation”. The report gives the impression that Dr Subbarao was against increasing the price of spectrum, which is contradicted by his letter and multiple file notings in the run up to the 2G scam.........
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