Biggest-Ever Spectrum Auction Cleared By Cabinet: Highlights

Finance Minister Arun Jaitley along with Telecom Minister Ravi Shankar Prasad is briefing the media after a Cabinet meeting earlier in the day. Here are the key highlights:

• Biggest-ever spectrum auction cleared by Cabinet, says Finance Minister Arun Jaitley
• TRAI will meet again on spectrum usage charge: Arun Jaitley
• 2300 Mhz spectrum auction in seven bands
• Auction to end shortage of spectrum
• Cabinet approves special package for textile and apparel sector
• The 7 bands are 700 MHz, 800 MHz, 900 MHz, 1800 MHz, 2100 MHz, 2300 MHz and 2500 MHz