Sunday, March 13, 2011

Antrix-Devas deal :Committee submits report to PM

13 Mar 2011

The high-powered Chaturvedi committee entrusted to review the controversial deal between Antrix Corporation and Devas Multimedia private Ltd has submitted its report to Prime Minister Manmohan Singh on Saturday.

Singh has asked Cabinet Secretary K M Chandrashekar to examine the report submitted by the committee comprising B K Chaturvedi and Roddam Narsimha and make recommendations on the follow-up action within 15 days.

\"The Cabinet Secretary has been asked to submit his recommendations within 15 days,\" a PMO statement said.

The Prime Minister had constituted the two-member panel for review of technical,commercial, procedural and financial aspects of the deal.

The Prime Minister had constituted the two-member panel of former Cabinet Secretary, B.K. Chaturvedi, and Professor Roddam Narasimha , to investigate all aspects of the satellite deal i.e.technical,commercial, procedural and financial aspects in which the private company was given virtually exclusive rights to S-band spectrum.

It had also been asked to suggest correctives and fix responsibility for lapses if any and recommend improvements and changes in processes and procedures followed by Antrix, ISRO and Department of Space.

The Cabinet Committee on Security, at a meeting on February 17, had recommended scrapping of the controversial deal under which ISRO\'s commercial arm Antrix had agreed to lease 90 per cent of scarce S-band space segment capacity on two satellites to private firm Devas for 12 years.

As per the CCS recommendation, Devas, which has former ISRO employees on its top management, was served a termination notice on February 25.

The CCS had cited requirement of the scarce space segment for strategic purposes, including for use of defence, para-military forces, railways and other public utility services. While scrapping the controversial deal, the CCS also decided not to allot S-band space segment for commercial use and retained it solely for strategic and societal


\"The government will not be able to provide orbit slot in S-band to Antrix for commercial activities, including for those which are the subject matter of existing contractual obligations for S-band,\" Union Law minister M Verappa Moily had said after the meeting.

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