The mega spectrum auction is estimated to fetch about Rs 5.66 lakh crore
GN Bureau | June 22, 2016
The mega spectrum auction plan, which was recommended by the department of telecommunications (DoT), was approved by the cabinet today. This is the biggest spectrum auction which is estimated to fetch about Rs 5.66 lakh crore.
Union Finance Minister Arun Jaitley said that the cabinet has also approved all suggestions made by the DoT and TRAI. The approved auction will have spectrum bands of 700MHz, 800MHz, 900MHz 1800MHz, 2100 MHz, 2300 MHz and 2500 MHz available for sale.
The government is auctioning 700 MHz for the first time, for which regulator TRAI had recommended a record high base price of Rs 11,485 crore per MHz.
Regarding pricing of user spectrum user charges, TRAI will go through the documents and fix the user spectrum charges as soon as possible.
The entire proposal has been approved and the government expects to raise at least Rs. 64,000 crores from the auction of about 2300MHz of spectrum and Rs. 98,995 crores from various services in the telecom sector in 2016-17.
ALSO READ: TRAI sticks to auctioning all spectrum in 700-MHz band
Maya Kodnani, a BJP leader who was the MLA from Naroda when this locality on the outskirts of Ahmedabad witnessed one of the most gruesome episodes during the Gujarat riots of 2002, was acquitted by the Gujarat High Court on Friday. Her acquittal in the Naroda Patiya massacre case is only a sequel to
The number of civic complaints with BMC has increased from 61,910 in 2015 to 92,329 in 2017, which is 49% in two years. A report titled ‘Civic Issues Registered by Citizens and Deliberations done by Municipal Councillors in Mumbai’ released by Praja Foundation has found some interesting facts a
Atishi Marlena is among the nine AAP functionaries who were dismissed by the union home ministry asserting that their posts were created without the approval of the centre. Marlena, served as education advisor of the Aam Aadmi Party (AAP)-led government in Delhi. While she was intrumental in improving the
The Fortune magazine has named three Indians – lawyer Indira Jaising, industrialist Mukesh Ambani and architect Balkrishna V Doshi – among the world’s greatest fifty leaders.
Remember Kardashev scale? For the uninitiated, it’s a method of measuring a civilization’s level of technological advancement, based on the amount of energy it is able to use for communication. We will get to its unconventional relevance to the big urban questions at the end, but just keep it a
Out of 1580 MPs and MLAs with criminal cases, 48 (three MPs and 45 MLAs) have declared cases related to crime against women. The Association for Democratic Reforms (ADR) and