Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 73 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]Code Context
trigger_error($message, E_USER_DEPRECATED);
}
$message = 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 73 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.' $stackFrame = (int) 1 $trace = [ (int) 0 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ServerRequest.php', 'line' => (int) 2421, 'function' => 'deprecationWarning', 'args' => [ (int) 0 => 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead.' ] ], (int) 1 => [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 73, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) {}, 'type' => '->', 'args' => [ (int) 0 => 'catslug' ] ], (int) 2 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Controller/Controller.php', 'line' => (int) 610, 'function' => 'printArticle', 'class' => 'App\Controller\ArtileDetailController', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 3 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 120, 'function' => 'invokeAction', 'class' => 'Cake\Controller\Controller', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 4 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 94, 'function' => '_invoke', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(App\Controller\ArtileDetailController) {} ] ], (int) 5 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/BaseApplication.php', 'line' => (int) 235, 'function' => 'dispatch', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 6 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Http\BaseApplication', 'object' => object(App\Application) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 7 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/RoutingMiddleware.php', 'line' => (int) 162, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 8 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\RoutingMiddleware', 'object' => object(Cake\Routing\Middleware\RoutingMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 9 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/AssetMiddleware.php', 'line' => (int) 88, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 10 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\AssetMiddleware', 'object' => object(Cake\Routing\Middleware\AssetMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 11 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Middleware/ErrorHandlerMiddleware.php', 'line' => (int) 96, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 12 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Error\Middleware\ErrorHandlerMiddleware', 'object' => object(Cake\Error\Middleware\ErrorHandlerMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 13 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 51, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 14 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Server.php', 'line' => (int) 98, 'function' => 'run', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\MiddlewareQueue) {}, (int) 1 => object(Cake\Http\ServerRequest) {}, (int) 2 => object(Cake\Http\Response) {} ] ], (int) 15 => [ 'file' => '/home/brlfuser/public_html/webroot/index.php', 'line' => (int) 39, 'function' => 'run', 'class' => 'Cake\Http\Server', 'object' => object(Cake\Http\Server) {}, 'type' => '->', 'args' => [] ] ] $frame = [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 73, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) { trustProxy => false [protected] params => [ [maximum depth reached] ] [protected] data => [[maximum depth reached]] [protected] query => [[maximum depth reached]] [protected] cookies => [ [maximum depth reached] ] [protected] _environment => [ [maximum depth reached] ] [protected] url => 'latest-news-updates/lessons-from-a-flop-show-18157/print' [protected] base => '' [protected] webroot => '/' [protected] here => '/latest-news-updates/lessons-from-a-flop-show-18157/print' [protected] trustedProxies => [[maximum depth reached]] [protected] _input => null [protected] _detectors => [ [maximum depth reached] ] [protected] _detectorCache => [ [maximum depth reached] ] [protected] stream => object(Zend\Diactoros\PhpInputStream) {} [protected] uri => object(Zend\Diactoros\Uri) {} [protected] session => object(Cake\Http\Session) {} [protected] attributes => [[maximum depth reached]] [protected] emulatedAttributes => [ [maximum depth reached] ] [protected] uploadedFiles => [[maximum depth reached]] [protected] protocol => null [protected] requestTarget => null [private] deprecatedProperties => [ [maximum depth reached] ] }, 'type' => '->', 'args' => [ (int) 0 => 'catslug' ] ]deprecationWarning - CORE/src/Core/functions.php, line 311 Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421 App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 73 Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51 Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98
Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 74 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]Code Context
trigger_error($message, E_USER_DEPRECATED);
}
$message = 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 74 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.' $stackFrame = (int) 1 $trace = [ (int) 0 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ServerRequest.php', 'line' => (int) 2421, 'function' => 'deprecationWarning', 'args' => [ (int) 0 => 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead.' ] ], (int) 1 => [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 74, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) {}, 'type' => '->', 'args' => [ (int) 0 => 'artileslug' ] ], (int) 2 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Controller/Controller.php', 'line' => (int) 610, 'function' => 'printArticle', 'class' => 'App\Controller\ArtileDetailController', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 3 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 120, 'function' => 'invokeAction', 'class' => 'Cake\Controller\Controller', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 4 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 94, 'function' => '_invoke', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(App\Controller\ArtileDetailController) {} ] ], (int) 5 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/BaseApplication.php', 'line' => (int) 235, 'function' => 'dispatch', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 6 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Http\BaseApplication', 'object' => object(App\Application) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 7 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/RoutingMiddleware.php', 'line' => (int) 162, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 8 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\RoutingMiddleware', 'object' => object(Cake\Routing\Middleware\RoutingMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 9 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/AssetMiddleware.php', 'line' => (int) 88, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 10 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\AssetMiddleware', 'object' => object(Cake\Routing\Middleware\AssetMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 11 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Middleware/ErrorHandlerMiddleware.php', 'line' => (int) 96, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 12 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Error\Middleware\ErrorHandlerMiddleware', 'object' => object(Cake\Error\Middleware\ErrorHandlerMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 13 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 51, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 14 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Server.php', 'line' => (int) 98, 'function' => 'run', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\MiddlewareQueue) {}, (int) 1 => object(Cake\Http\ServerRequest) {}, (int) 2 => object(Cake\Http\Response) {} ] ], (int) 15 => [ 'file' => '/home/brlfuser/public_html/webroot/index.php', 'line' => (int) 39, 'function' => 'run', 'class' => 'Cake\Http\Server', 'object' => object(Cake\Http\Server) {}, 'type' => '->', 'args' => [] ] ] $frame = [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 74, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) { trustProxy => false [protected] params => [ [maximum depth reached] ] [protected] data => [[maximum depth reached]] [protected] query => [[maximum depth reached]] [protected] cookies => [ [maximum depth reached] ] [protected] _environment => [ [maximum depth reached] ] [protected] url => 'latest-news-updates/lessons-from-a-flop-show-18157/print' [protected] base => '' [protected] webroot => '/' [protected] here => '/latest-news-updates/lessons-from-a-flop-show-18157/print' [protected] trustedProxies => [[maximum depth reached]] [protected] _input => null [protected] _detectors => [ [maximum depth reached] ] [protected] _detectorCache => [ [maximum depth reached] ] [protected] stream => object(Zend\Diactoros\PhpInputStream) {} [protected] uri => object(Zend\Diactoros\Uri) {} [protected] session => object(Cake\Http\Session) {} [protected] attributes => [[maximum depth reached]] [protected] emulatedAttributes => [ [maximum depth reached] ] [protected] uploadedFiles => [[maximum depth reached]] [protected] protocol => null [protected] requestTarget => null [private] deprecatedProperties => [ [maximum depth reached] ] }, 'type' => '->', 'args' => [ (int) 0 => 'artileslug' ] ]deprecationWarning - CORE/src/Core/functions.php, line 311 Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421 App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 74 Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51 Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98
Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]Code Contextif (Configure::read('debug')) {
trigger_error($message, E_USER_WARNING);
} else {
$response = object(Cake\Http\Response) { 'status' => (int) 200, 'contentType' => 'text/html', 'headers' => [ 'Content-Type' => [ [maximum depth reached] ] ], 'file' => null, 'fileRange' => [], 'cookies' => object(Cake\Http\Cookie\CookieCollection) {}, 'cacheDirectives' => [], 'body' => '<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd"> <html xmlns="http://www.w3.org/1999/xhtml"> <head> <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr680503fc49c5a-trace').style.display = (document.getElementById('cakeErr680503fc49c5a-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr680503fc49c5a-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr680503fc49c5a-code').style.display = (document.getElementById('cakeErr680503fc49c5a-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr680503fc49c5a-context').style.display = (document.getElementById('cakeErr680503fc49c5a-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr680503fc49c5a-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700"><</span><span style="color: #0000BB">head</span><span style="color: #007700">> </span></span></code> <span class="code-highlight"><code><span style="color: #000000"> <link rel="canonical" href="<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">); </span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">category</span><span style="color: #007700">-></span><span style="color: #0000BB">slug</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>/<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">seo_url</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>.html"/> </span></code></span> <code><span style="color: #000000"><span style="color: #0000BB"> </span><span style="color: #007700"><</span><span style="color: #0000BB">meta http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type" </span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html; charset=utf-8"</span><span style="color: #007700">/> </span></span></code></pre><pre id="cakeErr680503fc49c5a-context" class="cake-context" style="display: none;">$viewFile = '/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp' $dataForView = [ 'article_current' => object(App\Model\Entity\Article) { 'id' => (int) 18028, 'title' => 'Lessons from a flop show', 'subheading' => '', 'description' => '<div style="text-align: justify"> -The Hindu </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> The wretched outcome of the 2G spectrum auctions, netting just Rs.9,407.64 crore against a Rs.40,000 crore revenue target, has evoked predictable reactions from the Congress party. Its leaders have indirectly mocked the Comptroller and Auditor General, the Supreme Court and the media for tying the government&rsquo;s hands &mdash; instead of expressing concern about the impact of the failed auctions on investor confidence and India&rsquo;s worrying fiscal deficit. Their gloating fails to conceal the fact that the government has messed up and badly needs scapegoats to camouflage its sins. The loss calculated by the CAG was in reference to the year 2008 when the addressable market in telecom and consequently, the revenue potential, was substantially higher than it is in 2012. India then had only 234 million mobile subscribers, translating to a 24 per cent tele density level and an addressable market of nearly 800 million. Roughly eight-nine million mobile subscribers were being added every month, hitting a scorching 20 million per month in 2008-09. In 2012, the tables turned towards negative subscriber growth as the total mobile subscriber base hit 900 million, with a tele density of 70 per cent, significantly diminishing the addressable market and making any substantial investment unwise. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Similarly, the average revenue per user (ARPU) has also dipped to Rs.97/month from Rs.316/month in 2008. With these numbers, no company can hope to build a viable greenfield business by bidding for raw spectrum. Even where money supply and capital markets are concerned, on January 8, 2008, two days before the scam, the Sensex hit a peak of 21,078 and international funding was flowing like water. Little surprise then that 575 applicants had queued up, all of whom have since fled as the UPA struggles to defend itself against charges of rampant corruption, policy paralysis and crony capitalism. Market buoyancy equally played a role in 2010 during the 3G auctions, garnering the exchequer revenues of over Rs.1 lakh crore. In short, the UPA government deliberately forsook a great opportunity in 2008 to legitimately collect large revenues, bring in serious investors and hike tele density, while keeping the sector free of litigation. India is today at a crossroads where it can either admit to past transgressions and pursue a course correction or sink further in the quicksand of denial. Any attempt to get into a blame game will only create fresh havoc &mdash; impacting all sectors of the economy, which the nation can ill afford. The government would be better served by proactively correcting a situation gone horribly wrong rather than gloating over its opaque decision making, illegal acts and complete lack of foresight in matters of public policy.&nbsp; </div>', 'credit_writer' => 'The Hindu, 16 November, 2012, http://www.thehindu.com/opinion/editorial/lessons-from-a-flop-show/article4098781.ece', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'lessons-from-a-flop-show-18157', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 18157, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ [maximum depth reached] ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ [maximum depth reached] ], '[dirty]' => [[maximum depth reached]], '[original]' => [[maximum depth reached]], '[virtual]' => [[maximum depth reached]], '[hasErrors]' => false, '[errors]' => [[maximum depth reached]], '[invalid]' => [[maximum depth reached]], '[repository]' => 'Articles' }, 'articleid' => (int) 18028, 'metaTitle' => 'LATEST NEWS UPDATES | Lessons from a flop show', 'metaKeywords' => '2G,Corruption', 'metaDesc' => ' -The Hindu The wretched outcome of the 2G spectrum auctions, netting just Rs.9,407.64 crore against a Rs.40,000 crore revenue target, has evoked predictable reactions from the Congress party. Its leaders have indirectly mocked the Comptroller and Auditor General, the Supreme Court...', 'disp' => '<div style="text-align: justify">-The Hindu</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The wretched outcome of the 2G spectrum auctions, netting just Rs.9,407.64 crore against a Rs.40,000 crore revenue target, has evoked predictable reactions from the Congress party. Its leaders have indirectly mocked the Comptroller and Auditor General, the Supreme Court and the media for tying the government&rsquo;s hands &mdash; instead of expressing concern about the impact of the failed auctions on investor confidence and India&rsquo;s worrying fiscal deficit. Their gloating fails to conceal the fact that the government has messed up and badly needs scapegoats to camouflage its sins. The loss calculated by the CAG was in reference to the year 2008 when the addressable market in telecom and consequently, the revenue potential, was substantially higher than it is in 2012. India then had only 234 million mobile subscribers, translating to a 24 per cent tele density level and an addressable market of nearly 800 million. Roughly eight-nine million mobile subscribers were being added every month, hitting a scorching 20 million per month in 2008-09. In 2012, the tables turned towards negative subscriber growth as the total mobile subscriber base hit 900 million, with a tele density of 70 per cent, significantly diminishing the addressable market and making any substantial investment unwise.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Similarly, the average revenue per user (ARPU) has also dipped to Rs.97/month from Rs.316/month in 2008. With these numbers, no company can hope to build a viable greenfield business by bidding for raw spectrum. Even where money supply and capital markets are concerned, on January 8, 2008, two days before the scam, the Sensex hit a peak of 21,078 and international funding was flowing like water. Little surprise then that 575 applicants had queued up, all of whom have since fled as the UPA struggles to defend itself against charges of rampant corruption, policy paralysis and crony capitalism. Market buoyancy equally played a role in 2010 during the 3G auctions, garnering the exchequer revenues of over Rs.1 lakh crore. In short, the UPA government deliberately forsook a great opportunity in 2008 to legitimately collect large revenues, bring in serious investors and hike tele density, while keeping the sector free of litigation. India is today at a crossroads where it can either admit to past transgressions and pursue a course correction or sink further in the quicksand of denial. Any attempt to get into a blame game will only create fresh havoc &mdash; impacting all sectors of the economy, which the nation can ill afford. The government would be better served by proactively correcting a situation gone horribly wrong rather than gloating over its opaque decision making, illegal acts and complete lack of foresight in matters of public policy.&nbsp;</div>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 18028, 'title' => 'Lessons from a flop show', 'subheading' => '', 'description' => '<div style="text-align: justify"> -The Hindu </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> The wretched outcome of the 2G spectrum auctions, netting just Rs.9,407.64 crore against a Rs.40,000 crore revenue target, has evoked predictable reactions from the Congress party. Its leaders have indirectly mocked the Comptroller and Auditor General, the Supreme Court and the media for tying the government&rsquo;s hands &mdash; instead of expressing concern about the impact of the failed auctions on investor confidence and India&rsquo;s worrying fiscal deficit. Their gloating fails to conceal the fact that the government has messed up and badly needs scapegoats to camouflage its sins. The loss calculated by the CAG was in reference to the year 2008 when the addressable market in telecom and consequently, the revenue potential, was substantially higher than it is in 2012. India then had only 234 million mobile subscribers, translating to a 24 per cent tele density level and an addressable market of nearly 800 million. Roughly eight-nine million mobile subscribers were being added every month, hitting a scorching 20 million per month in 2008-09. In 2012, the tables turned towards negative subscriber growth as the total mobile subscriber base hit 900 million, with a tele density of 70 per cent, significantly diminishing the addressable market and making any substantial investment unwise. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Similarly, the average revenue per user (ARPU) has also dipped to Rs.97/month from Rs.316/month in 2008. With these numbers, no company can hope to build a viable greenfield business by bidding for raw spectrum. Even where money supply and capital markets are concerned, on January 8, 2008, two days before the scam, the Sensex hit a peak of 21,078 and international funding was flowing like water. Little surprise then that 575 applicants had queued up, all of whom have since fled as the UPA struggles to defend itself against charges of rampant corruption, policy paralysis and crony capitalism. 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The government would be better served by proactively correcting a situation gone horribly wrong rather than gloating over its opaque decision making, illegal acts and complete lack of foresight in matters of public policy.&nbsp; </div>', 'credit_writer' => 'The Hindu, 16 November, 2012, http://www.thehindu.com/opinion/editorial/lessons-from-a-flop-show/article4098781.ece', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'lessons-from-a-flop-show-18157', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 18157, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ (int) 0 => object(Cake\ORM\Entity) {}, (int) 1 => object(Cake\ORM\Entity) {} ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ '*' => true, 'id' => false ], '[dirty]' => [], '[original]' => [], '[virtual]' => [], '[hasErrors]' => false, '[errors]' => [], '[invalid]' => [], '[repository]' => 'Articles' } $articleid = (int) 18028 $metaTitle = 'LATEST NEWS UPDATES | Lessons from a flop show' $metaKeywords = '2G,Corruption' $metaDesc = ' -The Hindu The wretched outcome of the 2G spectrum auctions, netting just Rs.9,407.64 crore against a Rs.40,000 crore revenue target, has evoked predictable reactions from the Congress party. Its leaders have indirectly mocked the Comptroller and Auditor General, the Supreme Court...' $disp = '<div style="text-align: justify">-The Hindu</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The wretched outcome of the 2G spectrum auctions, netting just Rs.9,407.64 crore against a Rs.40,000 crore revenue target, has evoked predictable reactions from the Congress party. Its leaders have indirectly mocked the Comptroller and Auditor General, the Supreme Court and the media for tying the government&rsquo;s hands &mdash; instead of expressing concern about the impact of the failed auctions on investor confidence and India&rsquo;s worrying fiscal deficit. Their gloating fails to conceal the fact that the government has messed up and badly needs scapegoats to camouflage its sins. The loss calculated by the CAG was in reference to the year 2008 when the addressable market in telecom and consequently, the revenue potential, was substantially higher than it is in 2012. India then had only 234 million mobile subscribers, translating to a 24 per cent tele density level and an addressable market of nearly 800 million. Roughly eight-nine million mobile subscribers were being added every month, hitting a scorching 20 million per month in 2008-09. In 2012, the tables turned towards negative subscriber growth as the total mobile subscriber base hit 900 million, with a tele density of 70 per cent, significantly diminishing the addressable market and making any substantial investment unwise.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Similarly, the average revenue per user (ARPU) has also dipped to Rs.97/month from Rs.316/month in 2008. With these numbers, no company can hope to build a viable greenfield business by bidding for raw spectrum. Even where money supply and capital markets are concerned, on January 8, 2008, two days before the scam, the Sensex hit a peak of 21,078 and international funding was flowing like water. Little surprise then that 575 applicants had queued up, all of whom have since fled as the UPA struggles to defend itself against charges of rampant corruption, policy paralysis and crony capitalism. Market buoyancy equally played a role in 2010 during the 3G auctions, garnering the exchequer revenues of over Rs.1 lakh crore. In short, the UPA government deliberately forsook a great opportunity in 2008 to legitimately collect large revenues, bring in serious investors and hike tele density, while keeping the sector free of litigation. India is today at a crossroads where it can either admit to past transgressions and pursue a course correction or sink further in the quicksand of denial. Any attempt to get into a blame game will only create fresh havoc &mdash; impacting all sectors of the economy, which the nation can ill afford. The government would be better served by proactively correcting a situation gone horribly wrong rather than gloating over its opaque decision making, illegal acts and complete lack of foresight in matters of public policy.&nbsp;</div>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8 Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413 Cake\View\View::_render() - CORE/src/View/View.php, line 1374 Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927 Cake\View\View::render() - CORE/src/View/View.php, line 885 Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/lessons-from-a-flop-show-18157.html"/> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css" media="all"/> <title>LATEST NEWS UPDATES | Lessons from a flop show | Im4change.org</title> <meta name="description" content=" -The Hindu The wretched outcome of the 2G spectrum auctions, netting just Rs.9,407.64 crore against a Rs.40,000 crore revenue target, has evoked predictable reactions from the Congress party. Its leaders have indirectly mocked the Comptroller and Auditor General, the Supreme Court..."/> <script src="https://im4change.in/js/jquery-1.10.2.js"></script> <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script> <script language="javascript" type="text/javascript"> $(document).ready(function () { var img = $("img")[0]; // Get my img elem var pic_real_width, pic_real_height; $("<img/>") // Make in memory copy of image to avoid css issues .attr("src", $(img).attr("src")) .load(function () { pic_real_width = this.width; // Note: $(this).width() will not pic_real_height = this.height; // work for in memory images. }); }); </script> <style type="text/css"> @media screen { div.divFooter { display: block; } } @media print { .printbutton { display: none !important; } } </style> </head> <body> <table cellpadding="0" cellspacing="0" border="0" width="98%" align="center"> <tr> <td class="top_bg"> <div class="divFooter"> <img src="https://im4change.in/images/logo1.jpg" height="59" border="0" alt="Resource centre on India's rural distress" style="padding-top:14px;"/> </div> </td> </tr> <tr> <td id="topspace"> </td> </tr> <tr id="topspace"> <td> </td> </tr> <tr> <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> <tr> <td width="100%"> <h1 class="news_headlines" style="font-style:normal"> <strong>Lessons from a flop show</strong></h1> </td> </tr> <tr> <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3"> <div style="text-align: justify">-The Hindu</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The wretched outcome of the 2G spectrum auctions, netting just Rs.9,407.64 crore against a Rs.40,000 crore revenue target, has evoked predictable reactions from the Congress party. Its leaders have indirectly mocked the Comptroller and Auditor General, the Supreme Court and the media for tying the government’s hands — instead of expressing concern about the impact of the failed auctions on investor confidence and India’s worrying fiscal deficit. Their gloating fails to conceal the fact that the government has messed up and badly needs scapegoats to camouflage its sins. The loss calculated by the CAG was in reference to the year 2008 when the addressable market in telecom and consequently, the revenue potential, was substantially higher than it is in 2012. India then had only 234 million mobile subscribers, translating to a 24 per cent tele density level and an addressable market of nearly 800 million. Roughly eight-nine million mobile subscribers were being added every month, hitting a scorching 20 million per month in 2008-09. In 2012, the tables turned towards negative subscriber growth as the total mobile subscriber base hit 900 million, with a tele density of 70 per cent, significantly diminishing the addressable market and making any substantial investment unwise.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Similarly, the average revenue per user (ARPU) has also dipped to Rs.97/month from Rs.316/month in 2008. With these numbers, no company can hope to build a viable greenfield business by bidding for raw spectrum. Even where money supply and capital markets are concerned, on January 8, 2008, two days before the scam, the Sensex hit a peak of 21,078 and international funding was flowing like water. Little surprise then that 575 applicants had queued up, all of whom have since fled as the UPA struggles to defend itself against charges of rampant corruption, policy paralysis and crony capitalism. Market buoyancy equally played a role in 2010 during the 3G auctions, garnering the exchequer revenues of over Rs.1 lakh crore. In short, the UPA government deliberately forsook a great opportunity in 2008 to legitimately collect large revenues, bring in serious investors and hike tele density, while keeping the sector free of litigation. India is today at a crossroads where it can either admit to past transgressions and pursue a course correction or sink further in the quicksand of denial. Any attempt to get into a blame game will only create fresh havoc — impacting all sectors of the economy, which the nation can ill afford. The government would be better served by proactively correcting a situation gone horribly wrong rather than gloating over its opaque decision making, illegal acts and complete lack of foresight in matters of public policy. </div> </font> </td> </tr> <tr> <td> </td> </tr> <tr> <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> </table></body> </html>' } $maxBufferLength = (int) 8192 $file = '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php' $line = (int) 853 $message = 'Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853'Cake\Http\ResponseEmitter::emit() - CORE/src/Http/ResponseEmitter.php, line 48 Cake\Http\Server::emit() - CORE/src/Http/Server.php, line 141 [main] - ROOT/webroot/index.php, line 39
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Its leaders have indirectly mocked the Comptroller and Auditor General, the Supreme Court and the media for tying the government&rsquo;s hands &mdash; instead of expressing concern about the impact of the failed auctions on investor confidence and India&rsquo;s worrying fiscal deficit. Their gloating fails to conceal the fact that the government has messed up and badly needs scapegoats to camouflage its sins. The loss calculated by the CAG was in reference to the year 2008 when the addressable market in telecom and consequently, the revenue potential, was substantially higher than it is in 2012. India then had only 234 million mobile subscribers, translating to a 24 per cent tele density level and an addressable market of nearly 800 million. Roughly eight-nine million mobile subscribers were being added every month, hitting a scorching 20 million per month in 2008-09. 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The loss calculated by the CAG was in reference to the year 2008 when the addressable market in telecom and consequently, the revenue potential, was substantially higher than it is in 2012. India then had only 234 million mobile subscribers, translating to a 24 per cent tele density level and an addressable market of nearly 800 million. Roughly eight-nine million mobile subscribers were being added every month, hitting a scorching 20 million per month in 2008-09. In 2012, the tables turned towards negative subscriber growth as the total mobile subscriber base hit 900 million, with a tele density of 70 per cent, significantly diminishing the addressable market and making any substantial investment unwise.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Similarly, the average revenue per user (ARPU) has also dipped to Rs.97/month from Rs.316/month in 2008. With these numbers, no company can hope to build a viable greenfield business by bidding for raw spectrum. Even where money supply and capital markets are concerned, on January 8, 2008, two days before the scam, the Sensex hit a peak of 21,078 and international funding was flowing like water. Little surprise then that 575 applicants had queued up, all of whom have since fled as the UPA struggles to defend itself against charges of rampant corruption, policy paralysis and crony capitalism. Market buoyancy equally played a role in 2010 during the 3G auctions, garnering the exchequer revenues of over Rs.1 lakh crore. In short, the UPA government deliberately forsook a great opportunity in 2008 to legitimately collect large revenues, bring in serious investors and hike tele density, while keeping the sector free of litigation. India is today at a crossroads where it can either admit to past transgressions and pursue a course correction or sink further in the quicksand of denial. Any attempt to get into a blame game will only create fresh havoc &mdash; impacting all sectors of the economy, which the nation can ill afford. The government would be better served by proactively correcting a situation gone horribly wrong rather than gloating over its opaque decision making, illegal acts and complete lack of foresight in matters of public policy.&nbsp;</div>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 18028, 'title' => 'Lessons from a flop show', 'subheading' => '', 'description' => '<div style="text-align: justify"> -The Hindu </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> The wretched outcome of the 2G spectrum auctions, netting just Rs.9,407.64 crore against a Rs.40,000 crore revenue target, has evoked predictable reactions from the Congress party. Its leaders have indirectly mocked the Comptroller and Auditor General, the Supreme Court and the media for tying the government&rsquo;s hands &mdash; instead of expressing concern about the impact of the failed auctions on investor confidence and India&rsquo;s worrying fiscal deficit. Their gloating fails to conceal the fact that the government has messed up and badly needs scapegoats to camouflage its sins. The loss calculated by the CAG was in reference to the year 2008 when the addressable market in telecom and consequently, the revenue potential, was substantially higher than it is in 2012. India then had only 234 million mobile subscribers, translating to a 24 per cent tele density level and an addressable market of nearly 800 million. Roughly eight-nine million mobile subscribers were being added every month, hitting a scorching 20 million per month in 2008-09. In 2012, the tables turned towards negative subscriber growth as the total mobile subscriber base hit 900 million, with a tele density of 70 per cent, significantly diminishing the addressable market and making any substantial investment unwise. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Similarly, the average revenue per user (ARPU) has also dipped to Rs.97/month from Rs.316/month in 2008. With these numbers, no company can hope to build a viable greenfield business by bidding for raw spectrum. Even where money supply and capital markets are concerned, on January 8, 2008, two days before the scam, the Sensex hit a peak of 21,078 and international funding was flowing like water. Little surprise then that 575 applicants had queued up, all of whom have since fled as the UPA struggles to defend itself against charges of rampant corruption, policy paralysis and crony capitalism. 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Its leaders have indirectly mocked the Comptroller and Auditor General, the Supreme Court...' $disp = '<div style="text-align: justify">-The Hindu</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The wretched outcome of the 2G spectrum auctions, netting just Rs.9,407.64 crore against a Rs.40,000 crore revenue target, has evoked predictable reactions from the Congress party. Its leaders have indirectly mocked the Comptroller and Auditor General, the Supreme Court and the media for tying the government&rsquo;s hands &mdash; instead of expressing concern about the impact of the failed auctions on investor confidence and India&rsquo;s worrying fiscal deficit. Their gloating fails to conceal the fact that the government has messed up and badly needs scapegoats to camouflage its sins. The loss calculated by the CAG was in reference to the year 2008 when the addressable market in telecom and consequently, the revenue potential, was substantially higher than it is in 2012. India then had only 234 million mobile subscribers, translating to a 24 per cent tele density level and an addressable market of nearly 800 million. Roughly eight-nine million mobile subscribers were being added every month, hitting a scorching 20 million per month in 2008-09. In 2012, the tables turned towards negative subscriber growth as the total mobile subscriber base hit 900 million, with a tele density of 70 per cent, significantly diminishing the addressable market and making any substantial investment unwise.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Similarly, the average revenue per user (ARPU) has also dipped to Rs.97/month from Rs.316/month in 2008. With these numbers, no company can hope to build a viable greenfield business by bidding for raw spectrum. Even where money supply and capital markets are concerned, on January 8, 2008, two days before the scam, the Sensex hit a peak of 21,078 and international funding was flowing like water. Little surprise then that 575 applicants had queued up, all of whom have since fled as the UPA struggles to defend itself against charges of rampant corruption, policy paralysis and crony capitalism. Market buoyancy equally played a role in 2010 during the 3G auctions, garnering the exchequer revenues of over Rs.1 lakh crore. In short, the UPA government deliberately forsook a great opportunity in 2008 to legitimately collect large revenues, bring in serious investors and hike tele density, while keeping the sector free of litigation. India is today at a crossroads where it can either admit to past transgressions and pursue a course correction or sink further in the quicksand of denial. Any attempt to get into a blame game will only create fresh havoc &mdash; impacting all sectors of the economy, which the nation can ill afford. The government would be better served by proactively correcting a situation gone horribly wrong rather than gloating over its opaque decision making, illegal acts and complete lack of foresight in matters of public policy.&nbsp;</div>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8 Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413 Cake\View\View::_render() - CORE/src/View/View.php, line 1374 Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927 Cake\View\View::render() - CORE/src/View/View.php, line 885 Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/lessons-from-a-flop-show-18157.html"/> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css" media="all"/> <title>LATEST NEWS UPDATES | Lessons from a flop show | Im4change.org</title> <meta name="description" content=" -The Hindu The wretched outcome of the 2G spectrum auctions, netting just Rs.9,407.64 crore against a Rs.40,000 crore revenue target, has evoked predictable reactions from the Congress party. Its leaders have indirectly mocked the Comptroller and Auditor General, the Supreme Court..."/> <script src="https://im4change.in/js/jquery-1.10.2.js"></script> <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script> <script language="javascript" type="text/javascript"> $(document).ready(function () { var img = $("img")[0]; // Get my img elem var pic_real_width, pic_real_height; $("<img/>") // Make in memory copy of image to avoid css issues .attr("src", $(img).attr("src")) .load(function () { pic_real_width = this.width; // Note: $(this).width() will not pic_real_height = this.height; // work for in memory images. }); }); </script> <style type="text/css"> @media screen { div.divFooter { display: block; } } @media print { .printbutton { display: none !important; } } </style> </head> <body> <table cellpadding="0" cellspacing="0" border="0" width="98%" align="center"> <tr> <td class="top_bg"> <div class="divFooter"> <img src="https://im4change.in/images/logo1.jpg" height="59" border="0" alt="Resource centre on India's rural distress" style="padding-top:14px;"/> </div> </td> </tr> <tr> <td id="topspace"> </td> </tr> <tr id="topspace"> <td> </td> </tr> <tr> <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> <tr> <td width="100%"> <h1 class="news_headlines" style="font-style:normal"> <strong>Lessons from a flop show</strong></h1> </td> </tr> <tr> <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3"> <div style="text-align: justify">-The Hindu</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The wretched outcome of the 2G spectrum auctions, netting just Rs.9,407.64 crore against a Rs.40,000 crore revenue target, has evoked predictable reactions from the Congress party. Its leaders have indirectly mocked the Comptroller and Auditor General, the Supreme Court and the media for tying the government’s hands — instead of expressing concern about the impact of the failed auctions on investor confidence and India’s worrying fiscal deficit. Their gloating fails to conceal the fact that the government has messed up and badly needs scapegoats to camouflage its sins. The loss calculated by the CAG was in reference to the year 2008 when the addressable market in telecom and consequently, the revenue potential, was substantially higher than it is in 2012. India then had only 234 million mobile subscribers, translating to a 24 per cent tele density level and an addressable market of nearly 800 million. Roughly eight-nine million mobile subscribers were being added every month, hitting a scorching 20 million per month in 2008-09. In 2012, the tables turned towards negative subscriber growth as the total mobile subscriber base hit 900 million, with a tele density of 70 per cent, significantly diminishing the addressable market and making any substantial investment unwise.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Similarly, the average revenue per user (ARPU) has also dipped to Rs.97/month from Rs.316/month in 2008. With these numbers, no company can hope to build a viable greenfield business by bidding for raw spectrum. Even where money supply and capital markets are concerned, on January 8, 2008, two days before the scam, the Sensex hit a peak of 21,078 and international funding was flowing like water. Little surprise then that 575 applicants had queued up, all of whom have since fled as the UPA struggles to defend itself against charges of rampant corruption, policy paralysis and crony capitalism. Market buoyancy equally played a role in 2010 during the 3G auctions, garnering the exchequer revenues of over Rs.1 lakh crore. In short, the UPA government deliberately forsook a great opportunity in 2008 to legitimately collect large revenues, bring in serious investors and hike tele density, while keeping the sector free of litigation. India is today at a crossroads where it can either admit to past transgressions and pursue a course correction or sink further in the quicksand of denial. Any attempt to get into a blame game will only create fresh havoc — impacting all sectors of the economy, which the nation can ill afford. The government would be better served by proactively correcting a situation gone horribly wrong rather than gloating over its opaque decision making, illegal acts and complete lack of foresight in matters of public policy. </div> </font> </td> </tr> <tr> <td> </td> </tr> <tr> <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> </table></body> </html>' } $reasonPhrase = 'OK'header - [internal], line ?? Cake\Http\ResponseEmitter::emitStatusLine() - CORE/src/Http/ResponseEmitter.php, line 148 Cake\Http\ResponseEmitter::emit() - CORE/src/Http/ResponseEmitter.php, line 54 Cake\Http\Server::emit() - CORE/src/Http/Server.php, line 141 [main] - ROOT/webroot/index.php, line 39
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'' : 'none')">Context</a><pre id="cakeErr680503fc49c5a-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700"><</span><span style="color: #0000BB">head</span><span style="color: #007700">> </span></span></code> <span class="code-highlight"><code><span style="color: #000000"> <link rel="canonical" href="<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">); </span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">category</span><span style="color: #007700">-></span><span style="color: #0000BB">slug</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>/<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">seo_url</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>.html"/> </span></code></span> <code><span style="color: #000000"><span style="color: #0000BB"> </span><span style="color: #007700"><</span><span style="color: #0000BB">meta http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type" </span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html; charset=utf-8"</span><span style="color: #007700">/> </span></span></code></pre><pre id="cakeErr680503fc49c5a-context" class="cake-context" style="display: none;">$viewFile = '/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp' $dataForView = [ 'article_current' => object(App\Model\Entity\Article) { 'id' => (int) 18028, 'title' => 'Lessons from a flop show', 'subheading' => '', 'description' => '<div style="text-align: justify"> -The Hindu </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> The wretched outcome of the 2G spectrum auctions, netting just Rs.9,407.64 crore against a Rs.40,000 crore revenue target, has evoked predictable reactions from the Congress party. Its leaders have indirectly mocked the Comptroller and Auditor General, the Supreme Court and the media for tying the government&rsquo;s hands &mdash; instead of expressing concern about the impact of the failed auctions on investor confidence and India&rsquo;s worrying fiscal deficit. Their gloating fails to conceal the fact that the government has messed up and badly needs scapegoats to camouflage its sins. The loss calculated by the CAG was in reference to the year 2008 when the addressable market in telecom and consequently, the revenue potential, was substantially higher than it is in 2012. India then had only 234 million mobile subscribers, translating to a 24 per cent tele density level and an addressable market of nearly 800 million. Roughly eight-nine million mobile subscribers were being added every month, hitting a scorching 20 million per month in 2008-09. In 2012, the tables turned towards negative subscriber growth as the total mobile subscriber base hit 900 million, with a tele density of 70 per cent, significantly diminishing the addressable market and making any substantial investment unwise. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Similarly, the average revenue per user (ARPU) has also dipped to Rs.97/month from Rs.316/month in 2008. With these numbers, no company can hope to build a viable greenfield business by bidding for raw spectrum. Even where money supply and capital markets are concerned, on January 8, 2008, two days before the scam, the Sensex hit a peak of 21,078 and international funding was flowing like water. Little surprise then that 575 applicants had queued up, all of whom have since fled as the UPA struggles to defend itself against charges of rampant corruption, policy paralysis and crony capitalism. 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Its leaders have indirectly mocked the Comptroller and Auditor General, the Supreme Court...', 'disp' => '<div style="text-align: justify">-The Hindu</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The wretched outcome of the 2G spectrum auctions, netting just Rs.9,407.64 crore against a Rs.40,000 crore revenue target, has evoked predictable reactions from the Congress party. Its leaders have indirectly mocked the Comptroller and Auditor General, the Supreme Court and the media for tying the government&rsquo;s hands &mdash; instead of expressing concern about the impact of the failed auctions on investor confidence and India&rsquo;s worrying fiscal deficit. Their gloating fails to conceal the fact that the government has messed up and badly needs scapegoats to camouflage its sins. The loss calculated by the CAG was in reference to the year 2008 when the addressable market in telecom and consequently, the revenue potential, was substantially higher than it is in 2012. India then had only 234 million mobile subscribers, translating to a 24 per cent tele density level and an addressable market of nearly 800 million. Roughly eight-nine million mobile subscribers were being added every month, hitting a scorching 20 million per month in 2008-09. In 2012, the tables turned towards negative subscriber growth as the total mobile subscriber base hit 900 million, with a tele density of 70 per cent, significantly diminishing the addressable market and making any substantial investment unwise.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Similarly, the average revenue per user (ARPU) has also dipped to Rs.97/month from Rs.316/month in 2008. With these numbers, no company can hope to build a viable greenfield business by bidding for raw spectrum. Even where money supply and capital markets are concerned, on January 8, 2008, two days before the scam, the Sensex hit a peak of 21,078 and international funding was flowing like water. Little surprise then that 575 applicants had queued up, all of whom have since fled as the UPA struggles to defend itself against charges of rampant corruption, policy paralysis and crony capitalism. Market buoyancy equally played a role in 2010 during the 3G auctions, garnering the exchequer revenues of over Rs.1 lakh crore. In short, the UPA government deliberately forsook a great opportunity in 2008 to legitimately collect large revenues, bring in serious investors and hike tele density, while keeping the sector free of litigation. India is today at a crossroads where it can either admit to past transgressions and pursue a course correction or sink further in the quicksand of denial. Any attempt to get into a blame game will only create fresh havoc &mdash; impacting all sectors of the economy, which the nation can ill afford. The government would be better served by proactively correcting a situation gone horribly wrong rather than gloating over its opaque decision making, illegal acts and complete lack of foresight in matters of public policy.&nbsp;</div>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 18028, 'title' => 'Lessons from a flop show', 'subheading' => '', 'description' => '<div style="text-align: justify"> -The Hindu </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> The wretched outcome of the 2G spectrum auctions, netting just Rs.9,407.64 crore against a Rs.40,000 crore revenue target, has evoked predictable reactions from the Congress party. Its leaders have indirectly mocked the Comptroller and Auditor General, the Supreme Court and the media for tying the government&rsquo;s hands &mdash; instead of expressing concern about the impact of the failed auctions on investor confidence and India&rsquo;s worrying fiscal deficit. Their gloating fails to conceal the fact that the government has messed up and badly needs scapegoats to camouflage its sins. The loss calculated by the CAG was in reference to the year 2008 when the addressable market in telecom and consequently, the revenue potential, was substantially higher than it is in 2012. India then had only 234 million mobile subscribers, translating to a 24 per cent tele density level and an addressable market of nearly 800 million. Roughly eight-nine million mobile subscribers were being added every month, hitting a scorching 20 million per month in 2008-09. In 2012, the tables turned towards negative subscriber growth as the total mobile subscriber base hit 900 million, with a tele density of 70 per cent, significantly diminishing the addressable market and making any substantial investment unwise. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Similarly, the average revenue per user (ARPU) has also dipped to Rs.97/month from Rs.316/month in 2008. With these numbers, no company can hope to build a viable greenfield business by bidding for raw spectrum. Even where money supply and capital markets are concerned, on January 8, 2008, two days before the scam, the Sensex hit a peak of 21,078 and international funding was flowing like water. Little surprise then that 575 applicants had queued up, all of whom have since fled as the UPA struggles to defend itself against charges of rampant corruption, policy paralysis and crony capitalism. Market buoyancy equally played a role in 2010 during the 3G auctions, garnering the exchequer revenues of over Rs.1 lakh crore. In short, the UPA government deliberately forsook a great opportunity in 2008 to legitimately collect large revenues, bring in serious investors and hike tele density, while keeping the sector free of litigation. India is today at a crossroads where it can either admit to past transgressions and pursue a course correction or sink further in the quicksand of denial. Any attempt to get into a blame game will only create fresh havoc &mdash; impacting all sectors of the economy, which the nation can ill afford. The government would be better served by proactively correcting a situation gone horribly wrong rather than gloating over its opaque decision making, illegal acts and complete lack of foresight in matters of public policy.&nbsp; </div>', 'credit_writer' => 'The Hindu, 16 November, 2012, http://www.thehindu.com/opinion/editorial/lessons-from-a-flop-show/article4098781.ece', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'lessons-from-a-flop-show-18157', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 18157, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ (int) 0 => object(Cake\ORM\Entity) {}, (int) 1 => object(Cake\ORM\Entity) {} ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ '*' => true, 'id' => false ], '[dirty]' => [], '[original]' => [], '[virtual]' => [], '[hasErrors]' => false, '[errors]' => [], '[invalid]' => [], '[repository]' => 'Articles' } $articleid = (int) 18028 $metaTitle = 'LATEST NEWS UPDATES | Lessons from a flop show' $metaKeywords = '2G,Corruption' $metaDesc = ' -The Hindu The wretched outcome of the 2G spectrum auctions, netting just Rs.9,407.64 crore against a Rs.40,000 crore revenue target, has evoked predictable reactions from the Congress party. Its leaders have indirectly mocked the Comptroller and Auditor General, the Supreme Court...' $disp = '<div style="text-align: justify">-The Hindu</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The wretched outcome of the 2G spectrum auctions, netting just Rs.9,407.64 crore against a Rs.40,000 crore revenue target, has evoked predictable reactions from the Congress party. Its leaders have indirectly mocked the Comptroller and Auditor General, the Supreme Court and the media for tying the government&rsquo;s hands &mdash; instead of expressing concern about the impact of the failed auctions on investor confidence and India&rsquo;s worrying fiscal deficit. Their gloating fails to conceal the fact that the government has messed up and badly needs scapegoats to camouflage its sins. The loss calculated by the CAG was in reference to the year 2008 when the addressable market in telecom and consequently, the revenue potential, was substantially higher than it is in 2012. India then had only 234 million mobile subscribers, translating to a 24 per cent tele density level and an addressable market of nearly 800 million. Roughly eight-nine million mobile subscribers were being added every month, hitting a scorching 20 million per month in 2008-09. In 2012, the tables turned towards negative subscriber growth as the total mobile subscriber base hit 900 million, with a tele density of 70 per cent, significantly diminishing the addressable market and making any substantial investment unwise.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Similarly, the average revenue per user (ARPU) has also dipped to Rs.97/month from Rs.316/month in 2008. With these numbers, no company can hope to build a viable greenfield business by bidding for raw spectrum. Even where money supply and capital markets are concerned, on January 8, 2008, two days before the scam, the Sensex hit a peak of 21,078 and international funding was flowing like water. Little surprise then that 575 applicants had queued up, all of whom have since fled as the UPA struggles to defend itself against charges of rampant corruption, policy paralysis and crony capitalism. Market buoyancy equally played a role in 2010 during the 3G auctions, garnering the exchequer revenues of over Rs.1 lakh crore. In short, the UPA government deliberately forsook a great opportunity in 2008 to legitimately collect large revenues, bring in serious investors and hike tele density, while keeping the sector free of litigation. India is today at a crossroads where it can either admit to past transgressions and pursue a course correction or sink further in the quicksand of denial. Any attempt to get into a blame game will only create fresh havoc &mdash; impacting all sectors of the economy, which the nation can ill afford. The government would be better served by proactively correcting a situation gone horribly wrong rather than gloating over its opaque decision making, illegal acts and complete lack of foresight in matters of public policy.&nbsp;</div>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8 Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413 Cake\View\View::_render() - CORE/src/View/View.php, line 1374 Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927 Cake\View\View::render() - CORE/src/View/View.php, line 885 Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/lessons-from-a-flop-show-18157.html"/> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css" media="all"/> <title>LATEST NEWS UPDATES | Lessons from a flop show | Im4change.org</title> <meta name="description" content=" -The Hindu The wretched outcome of the 2G spectrum auctions, netting just Rs.9,407.64 crore against a Rs.40,000 crore revenue target, has evoked predictable reactions from the Congress party. Its leaders have indirectly mocked the Comptroller and Auditor General, the Supreme Court..."/> <script src="https://im4change.in/js/jquery-1.10.2.js"></script> <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script> <script language="javascript" type="text/javascript"> $(document).ready(function () { var img = $("img")[0]; // Get my img elem var pic_real_width, pic_real_height; $("<img/>") // Make in memory copy of image to avoid css issues .attr("src", $(img).attr("src")) .load(function () { pic_real_width = this.width; // Note: $(this).width() will not pic_real_height = this.height; // work for in memory images. }); }); </script> <style type="text/css"> @media screen { div.divFooter { display: block; } } @media print { .printbutton { display: none !important; } } </style> </head> <body> <table cellpadding="0" cellspacing="0" border="0" width="98%" align="center"> <tr> <td class="top_bg"> <div class="divFooter"> <img src="https://im4change.in/images/logo1.jpg" height="59" border="0" alt="Resource centre on India's rural distress" style="padding-top:14px;"/> </div> </td> </tr> <tr> <td id="topspace"> </td> </tr> <tr id="topspace"> <td> </td> </tr> <tr> <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> <tr> <td width="100%"> <h1 class="news_headlines" style="font-style:normal"> <strong>Lessons from a flop show</strong></h1> </td> </tr> <tr> <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3"> <div style="text-align: justify">-The Hindu</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The wretched outcome of the 2G spectrum auctions, netting just Rs.9,407.64 crore against a Rs.40,000 crore revenue target, has evoked predictable reactions from the Congress party. Its leaders have indirectly mocked the Comptroller and Auditor General, the Supreme Court and the media for tying the government’s hands — instead of expressing concern about the impact of the failed auctions on investor confidence and India’s worrying fiscal deficit. Their gloating fails to conceal the fact that the government has messed up and badly needs scapegoats to camouflage its sins. The loss calculated by the CAG was in reference to the year 2008 when the addressable market in telecom and consequently, the revenue potential, was substantially higher than it is in 2012. India then had only 234 million mobile subscribers, translating to a 24 per cent tele density level and an addressable market of nearly 800 million. Roughly eight-nine million mobile subscribers were being added every month, hitting a scorching 20 million per month in 2008-09. In 2012, the tables turned towards negative subscriber growth as the total mobile subscriber base hit 900 million, with a tele density of 70 per cent, significantly diminishing the addressable market and making any substantial investment unwise.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Similarly, the average revenue per user (ARPU) has also dipped to Rs.97/month from Rs.316/month in 2008. With these numbers, no company can hope to build a viable greenfield business by bidding for raw spectrum. Even where money supply and capital markets are concerned, on January 8, 2008, two days before the scam, the Sensex hit a peak of 21,078 and international funding was flowing like water. Little surprise then that 575 applicants had queued up, all of whom have since fled as the UPA struggles to defend itself against charges of rampant corruption, policy paralysis and crony capitalism. Market buoyancy equally played a role in 2010 during the 3G auctions, garnering the exchequer revenues of over Rs.1 lakh crore. In short, the UPA government deliberately forsook a great opportunity in 2008 to legitimately collect large revenues, bring in serious investors and hike tele density, while keeping the sector free of litigation. India is today at a crossroads where it can either admit to past transgressions and pursue a course correction or sink further in the quicksand of denial. Any attempt to get into a blame game will only create fresh havoc — impacting all sectors of the economy, which the nation can ill afford. The government would be better served by proactively correcting a situation gone horribly wrong rather than gloating over its opaque decision making, illegal acts and complete lack of foresight in matters of public policy. </div> </font> </td> </tr> <tr> <td> </td> </tr> <tr> <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> </table></body> </html>' } $cookies = [] $values = [ (int) 0 => 'text/html; charset=UTF-8' ] $name = 'Content-Type' $first = true $value = 'text/html; charset=UTF-8'header - [internal], line ?? Cake\Http\ResponseEmitter::emitHeaders() - CORE/src/Http/ResponseEmitter.php, line 181 Cake\Http\ResponseEmitter::emit() - CORE/src/Http/ResponseEmitter.php, line 55 Cake\Http\Server::emit() - CORE/src/Http/Server.php, line 141 [main] - ROOT/webroot/index.php, line 39
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The loss calculated by the CAG was in reference to the year 2008 when the addressable market in telecom and consequently, the revenue potential, was substantially higher than it is in 2012. India then had only 234 million mobile subscribers, translating to a 24 per cent tele density level and an addressable market of nearly 800 million. Roughly eight-nine million mobile subscribers were being added every month, hitting a scorching 20 million per month in 2008-09. In 2012, the tables turned towards negative subscriber growth as the total mobile subscriber base hit 900 million, with a tele density of 70 per cent, significantly diminishing the addressable market and making any substantial investment unwise. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Similarly, the average revenue per user (ARPU) has also dipped to Rs.97/month from Rs.316/month in 2008. 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Its leaders have indirectly mocked the Comptroller and Auditor General, the Supreme Court...' $disp = '<div style="text-align: justify">-The Hindu</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The wretched outcome of the 2G spectrum auctions, netting just Rs.9,407.64 crore against a Rs.40,000 crore revenue target, has evoked predictable reactions from the Congress party. Its leaders have indirectly mocked the Comptroller and Auditor General, the Supreme Court and the media for tying the government’s hands — instead of expressing concern about the impact of the failed auctions on investor confidence and India’s worrying fiscal deficit. Their gloating fails to conceal the fact that the government has messed up and badly needs scapegoats to camouflage its sins. The loss calculated by the CAG was in reference to the year 2008 when the addressable market in telecom and consequently, the revenue potential, was substantially higher than it is in 2012. India then had only 234 million mobile subscribers, translating to a 24 per cent tele density level and an addressable market of nearly 800 million. Roughly eight-nine million mobile subscribers were being added every month, hitting a scorching 20 million per month in 2008-09. In 2012, the tables turned towards negative subscriber growth as the total mobile subscriber base hit 900 million, with a tele density of 70 per cent, significantly diminishing the addressable market and making any substantial investment unwise.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Similarly, the average revenue per user (ARPU) has also dipped to Rs.97/month from Rs.316/month in 2008. With these numbers, no company can hope to build a viable greenfield business by bidding for raw spectrum. Even where money supply and capital markets are concerned, on January 8, 2008, two days before the scam, the Sensex hit a peak of 21,078 and international funding was flowing like water. Little surprise then that 575 applicants had queued up, all of whom have since fled as the UPA struggles to defend itself against charges of rampant corruption, policy paralysis and crony capitalism. Market buoyancy equally played a role in 2010 during the 3G auctions, garnering the exchequer revenues of over Rs.1 lakh crore. In short, the UPA government deliberately forsook a great opportunity in 2008 to legitimately collect large revenues, bring in serious investors and hike tele density, while keeping the sector free of litigation. India is today at a crossroads where it can either admit to past transgressions and pursue a course correction or sink further in the quicksand of denial. Any attempt to get into a blame game will only create fresh havoc — impacting all sectors of the economy, which the nation can ill afford. The government would be better served by proactively correcting a situation gone horribly wrong rather than gloating over its opaque decision making, illegal acts and complete lack of foresight in matters of public policy. </div>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'
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Lessons from a flop show |
-The Hindu The wretched outcome of the 2G spectrum auctions, netting just Rs.9,407.64 crore against a Rs.40,000 crore revenue target, has evoked predictable reactions from the Congress party. Its leaders have indirectly mocked the Comptroller and Auditor General, the Supreme Court and the media for tying the government’s hands — instead of expressing concern about the impact of the failed auctions on investor confidence and India’s worrying fiscal deficit. Their gloating fails to conceal the fact that the government has messed up and badly needs scapegoats to camouflage its sins. The loss calculated by the CAG was in reference to the year 2008 when the addressable market in telecom and consequently, the revenue potential, was substantially higher than it is in 2012. India then had only 234 million mobile subscribers, translating to a 24 per cent tele density level and an addressable market of nearly 800 million. Roughly eight-nine million mobile subscribers were being added every month, hitting a scorching 20 million per month in 2008-09. In 2012, the tables turned towards negative subscriber growth as the total mobile subscriber base hit 900 million, with a tele density of 70 per cent, significantly diminishing the addressable market and making any substantial investment unwise. Similarly, the average revenue per user (ARPU) has also dipped to Rs.97/month from Rs.316/month in 2008. With these numbers, no company can hope to build a viable greenfield business by bidding for raw spectrum. Even where money supply and capital markets are concerned, on January 8, 2008, two days before the scam, the Sensex hit a peak of 21,078 and international funding was flowing like water. Little surprise then that 575 applicants had queued up, all of whom have since fled as the UPA struggles to defend itself against charges of rampant corruption, policy paralysis and crony capitalism. Market buoyancy equally played a role in 2010 during the 3G auctions, garnering the exchequer revenues of over Rs.1 lakh crore. In short, the UPA government deliberately forsook a great opportunity in 2008 to legitimately collect large revenues, bring in serious investors and hike tele density, while keeping the sector free of litigation. India is today at a crossroads where it can either admit to past transgressions and pursue a course correction or sink further in the quicksand of denial. Any attempt to get into a blame game will only create fresh havoc — impacting all sectors of the economy, which the nation can ill afford. The government would be better served by proactively correcting a situation gone horribly wrong rather than gloating over its opaque decision making, illegal acts and complete lack of foresight in matters of public policy.
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