CAG: 6 telcos understated revenue by Rs 46,000 crore, govt lost Rs 12,490 crore
A Comptroller and Auditor General (CAG) report on the accounts of six private telecom operators, tabled in Parliament on Friday, blamed the department of telecom for the lack of monitoring that resulted in companies adopting “ingenious methods” to understate revenue by over Rs 46,000 crore, which resulted in a loss of around Rs 12,490 crore to the government.