Telecom Minister Aims to Revive Investor Confidence


India’s new telecoms minister — who is doubling as the country’s law minister — is Ravi Shankar Prasad, a parliamentarian who played a key role in the investigation by lawmakers of alleged irregularities in the government’s allocation of airwaves to communications companies in 2008.
A stalwart of Prime Minister Narendra Modi’s Bharatiya Janata Party, Mr. Prasad is a lawyer by training and helped draft a legislative fact-finding report on what became known in India as the 2G Scam. After a probe by India’s Central Bureau of Investigation, the telecoms minister at the time, Andimuthu Raja, and several corporate executives were charged with fraud and corruption. Mr. Raja and the executives have denied any wrongdoing. Their trial is ongoing.



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