Budget: Telecom sector revenue at Rs.29,648.33 crore

February 28th, 2011 - 5:58 pm ICT by IANS  

Pranab Mukherjee New Delhi, Feb 28 (IANS) The government expects to raise Rs.29,648.33 crore (Rs.296.48 billion) through recurring licence fees and other usage charges from the telecom sector, according to the general budget for 2011-12 tabled by Finance Minister Pranab Mukherjee Monday. The usage charges include licence fees from the telecom operators, receipts on account of spectrum usage charges and auction of third generation (3G) and broadband wireless access (BWA) spectrum .

As per the last budget, the government estimated accruals worth Rs.49,799.55 crore by auctioning spectrum for 3G and BWA access services. But it ended up raking a bounty of Rs.1.08 lakh crore through these auctions in 2010-11.

While the revenue from the auction of 3G spectrum stood at Rs.65,000 crore as against the expected Rs.35,000 crore, the BWA spectrum fetched the government over Rs.38,000 crore.

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