Spectrum auctions may add Rs 98,994 crore to government’s kitty in FY’17
Spectrum auctions, license fee and one-time spectrum charges are likely to swell government’s kitty by 76% to Rs 98,994.93 crore in the financial year ending March 2017. In the current financial year, the government expects an income of Rs 56,034.35 crore from the telecom sector. "The arrears of the previous years and receipts from fresh auction are also included in the Budget Estimates 2016-17," the budget documents said. The spectrum auctions,... Read More
