New Delhi:Quoting from Supreme Court judgment, telecom minister Kapil Sibal said that the auction of natural resources was not a constitutional mandate but an economic choice.
Finance minister P Chidambaram said the government hadhave maintained that if there was any irregularity or illegality in implementing policy, it must be corrected and those responsible be held to account..
Chidambaram said that all constitutional authorities will bear the Supreme Court judgment in mind while discharging their constitutional duties.
We have accepted the judgment that 122 licences will be cancelled and spectrum released from them will be auctioned, Chidambaram said.
Future decisions will be taken in light of Supreme Court judgment, law minister Salman Kurshid said.
