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…

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

Studying the 'community' supporting the late Sushant Singh Rajput (SSR) shows how Twitter was gamed through organized engagement

News

Do we have an enabling system for the National Data Governance Framework Policy (NDGFP) aiming to create a repository of non-personal data?

News

A viewpoint on why the regulation of cryptocurrencies and crypto exchnages under 2019's E-Commerce Rules puts it in a 'grey area'

News

India's IT Rules mandate a GAC to address user 'grievances' , but is re-instatement of content removed by a platform a power it should...

News

There is a need for reconceptualizing personal, non-personal data and the concept of privacy itself for regulators to effectively protect data

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

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...

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...

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