Tag Archives: Cleared

Biggest-Ever Spectrum Auction Cleared, May Fetch Rs 5.66 Lakh Crore

July 21, 2016 Comments Off on Biggest-Ever Spectrum Auction Cleared, May Fetch Rs 5.66 Lakh Crore

The Union Cabinet today approved auctioning of airwaves that could add lakhs of crores to the government’s coffers. Finance Minister Arun Jaitley termed the upcoming auction as the “biggest-ever” in India’s history. The mega-spectrum auction is estimated to fetch about Rs 5.66 lakh crore to the exchequer, which is more than double of telecom services industry gross revenue of Rs ... Read More »

Biggest-Ever Spectrum Auction Cleared By Cabinet: Highlights

July 21, 2016 Comments Off on 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 ... Read More »