For scams, whose total size runs into 13-digit numbers, the names they are known by are short -- 2G, CWG and IPL.
Going by the estimated size of these scams, the total for the year 2010 could be well beyond Rs 2,00,000 crore -- a 13-digit figure -- although much of the loss is presumptive in nature.
The scam with the shortest name -- 2G -- alone, according to various accounts, deprived the government coffers of Rs 1.76 lakh crore in potential revenue.
2G is the acronym for second generation mobile telephony and it ran into a scam cloud over allocation of spectrum, or radio waves, at prices that were not market-determined.
more at rediff
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