wordpress blog stats
Connect with us

Hi, what are you looking for?

Union Budget 2009: Govt Job Portal, STB Duty-5%, Smart Cards, DAVP Waiver, Disinvestment, Railways

(by Preethi J & Nikhil Pahwa) The Indian Government is banking heavily on "higher receipts from telecommunication sectore vide 3G auction" to shore up its receipts, given a budget that appears to be focused on expenditure. However, the Finance Minister did not mention a base price for 3G Auctions, nor did he specify disinvestment plans. There wasn't much for the Telecom sector, and no announcement of an outlay towards broadband. However, going through the Budget documents, we came across the statement that a Rs. 28,324 crore ($5.8 Billion) increase in non-tax revenue from Rs.1,11,955 crore to Rs.1,40,279 crore, "primarily on account of anticipated receipts from the telecommunication sector vide auction of 3G spectrum." So proceeds from 3G auctions alone are expected to be less than $5.8 Billion. However, Reuters reports that the government is looking to raise $7.2 Billion from the auctions. Note that MediaNama was unable to locate any suggestion of an exact amount from the budget documents. The highlights of government expenditure for the Telecom and Digital Media sector, from the Budget documents, are as follows: -- Rs. 600 crores for establishing National Knowledge Network. -- Rs. 900 crores for e-Governance programme -- Rs. 550 crores for National Informatics Centre to improve infrastructure. -- Rs. 125 crores for Centre for Development of Advanced Computing (C-DAC) for undertaking R&D. -- Rs. 26 crores for Optical Fibre Cable based Network for Defence Services. -- Rs. 300 crores for C-DOT. -- Rs. 61 crores for Undersea Cabling between Mainland and Andaman & Nicobar Islands. --…

Please subscribe/login to read the full story.
Written By

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

Amazon announced that it will integrate its logistics network and SmartCommerce services with the Open Network for Digital Commerce (ONDC).

News

India's smartphone operating system BharOS has received much buzz in the media lately, but does it really merit this attention?

News

After using the Mapples app as his default navigation app for a week, Sarvesh draws a comparison between Google Maps and Mapples

News

In the case of the ‘deemed consent' provision in the draft data protection law, brevity comes at the cost of clarity and user protection

News

The regulatory ambivalence around an instrument so essential to facilitate data exchange – the CM framework – is disconcerting for several reasons.

You May Also Like

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ