The Union Cabinet is likely to take up for approval the Telecom Ministry’s proposal on various issues related to upcoming spectrum auctions such as pricing and timing, on Wednesday, according to a telecom ministry official. The approval will pave the way for putting the largest ever amount of spectrum – 2000 MHz – on sale for telecom companies.
The DoT has been under pressure from the Finance Ministry to expedite the auction process which is expected to generate about Rs. 5.36 lakh crore for the government. While Telecom (DoT) Secretary JS Deepak had said that the government was working towards holding the auctions in July, Union Telecom Minister Ravi Shankar Prasad had later hinted at a possibility of auctions being held in August-September time-frame. (The Hindu dated 21-06-2016)
When the government is getting such a huge amount from the proposed spectrum auction, a small portion should be spared for strengthening the BSNL.
