Govt expects Rs 54K-cr in telecom services revenue this fiscal

Tags: News
Government expects to earn a total of Rs 53,937 crore from telecom services during 2014-15 fiscal, the Parliament was informed today.

"The budget estimates of revenue likely to be earned by the government during the current year: licence fee- Rs 13,520 crore, spectrum charges including auction- Rs 40,417 crore," Telecom Minister Ravi Shankar Prasad said in a reply to a question in the Lok Sabha.

As per the data shared by Telecom Minister, government's revenue from licence fee grew about 12 per cent to Rs 12,450.43 crore in 2013-14 from Rs 11,088.8 crore in 2012-13. Licence fee earned by government in 2011-12 was Rs 11,101.5 crore.

In the first quarter of 2014-15, government has earned Rs 42.26 crore as licence fees.

The data showed government revenue from annual usage of spectrum increased by about 68 per cent to Rs 1,503.26 crore in 2013-14 from Rs 893.99 crore in 2012-13. In 2011-12, government had earned spectrum usage charge of Rs 987.85 crore.

In the first quarter of the ongoing fiscal, government has earned Rs 397.12 crore, as the government data.

To a separate query on whether some telecom operators have defaulted on paying dues and the action taken, Prasad stated that Loop Mobile has defaulted in paying its dues following which government has encashed Rs 50 crore financial bank guarantees and kept it under security deposits.

EDITORIAL OF THE DAY

  • RBI governor reveals simple facts and figures on the health of PSU banks

    RBI governor Raghuram Rajan has built a solid reputation of administering bitter pills to the discomfiture of the mandarins in New Delhi.

FC NEWSLETTER

Stay informed on our latest news!

TODAY'S COLUMNS

Simon J Evenett

Pulling out all stops & Trump cards

Donald Trump, the Republican Party nominee for US president, is ...

Zehra Naqvi

Let others show you what they see

The power to imagine yourself in someone else’s shoes, to ...

Dharmendra Khandal

When it rains, this beetle starts rolling dung

On the buffer road of a forest, a small metallic ...