₹2800000000000000: Did 5G Spectrum Auction Suffered Bigger Loss Than 2G Auction?| Fact Check| Scam

2022-08-05 15

"You might remember this image of the Indian Express front page. As you can see in this image, this was published on the front page of Indian Express in November 2010. The headlines reads, Loss to the nation. 1.76 Lakh Crore, A Raja deprived govt of this much money in the 2G spectrum allocations: CAG report. The 1.76 Lakh Crore is denoted in numbers here.
Cut to 2022, a similar image of a Newspaper front page claiming a bigger loss in 5G spectrum auction by the Modi govt is doing rounds on social media. The Image shows the frontpage of Times Business newspaper.
The Headline of the news reads, 5G spectrum auctions suffer a record loss of 2.8 Lakh Crore. On the top a number is written, in a similar fashion to that of the 2010 Indian Express news. There are total 14 zeroes with number 28. The news claims that much loss is caused by the 5G spectrum auctions. This image is shared by a number of users on Twitter including a DMK MLA, and few others verified users.
This image is however, fake.
In this video, let us explain it in detail

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