New Delhi: The Cabinet has approved the Empowered Group of Minister’s decision on spectrum pricing.
The ministerial panel headed by Finance Minister P. Chidambaram had endorsed the Telecom Commission’s proposal to fix reserve price for the 1800 MHz and 900 MHz spectrum bands.
The decision by the Cabinet clears the decks for the Department of Telecommunications to come out with the Notice Inviting Application for the upcoming spectrum auction.
The Finance Ministry has set a target of Rs 40,000 crore from the sale of spectrum in January.
"Believer - Humanitarian - Habit of Success" Sukumar Balakrishnan is the Founder of JB GROUP, a 500 Crore National Organization with over 150 Direct & 1200 indirect professionals operating from 5 major cities in India. Jayalakshmi Balakrishnan Group, a multi-faceted group venturing into, E- Commerce and Import-Export (INNOKAIZ), Retail and Wholesale (JB MART), Food and Beverages (KRISHNA FOODS ), Real Estate (Constructions on sites, Interior scaping, Facility Management)
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