wordpress blog stats
Connect with us

Hi, what are you looking for?

, ,

3G Auction India: 2G IT Dept Docs? Day 32, Pan India Price At Rs. 161.64B, Govt Revenue At Rs. 653Bn

Via @VarshaSanghvi on Twitter, we’ve come across what are allegedly scans of documents submitted by India’s Income Tax Department to the Central Bureau of Investigation (CBI), after tapping phones of corporate lobbyist Niira Radia. MediaNama cannot vouch for the authenticity of these scans, and we’ve heard that there are copies of fake documents also being circulated to the media, so take the allegations made in these scanned pages with skepticism. Earlier, The Pioneer had published a story (Tapped and Trapped) quoting similar allegations, and Headlines Today had broadcast this report on the same.

3G Auction

At the end of 176 clock rounds of India’s 3G Auction (only 4 on Day 42), the price for pan-India spectrum is Rs. 161.64Bn, 361.82% above its base price of Rs. 35Bn. The price rose 2.21 percent on the day, compared to a 2.58% increase on the previous day. In absolute terms, the price rose Rs. 3.49 Bn. compared to Rs. 3.98 Bn and Rs. 4.16 Bn on the previous two days. The Indian government will earn Rs. 653.11Bn from these auctions, around $ 14.427 Billion.

On the day, there was excess demand only for Delhi, Kolkata and Punjab.

3G Auction Status

When bidding resumes, price for circles with excess and on-par demand will be raised by 10 percent, while price for circles with deficient demand will remain the same.

– Excess Demand: Delhi, Kolkata, Punjab
– Par Demand: Andhra Pradesh, Kerala, UP (East), UP (West), Rajasthan, Himachal Pradesh, Orissa
– Deficient Demand: Mumbai,  Bihar, Assam, North East, Maharshtra, Gujarat, , Karnataka, Tamil Nadu, Haryana, Madhya Pradesh, West Bengal, Jammu & Kashmir

(Previous day: Excess, Par, Deficient)

Delhi & Mumbai

– Delhi and Mumbai have both now crossed Rs. Rs. 30Bn: Delhi leads at Rs. 31.56Bn, up Rs. 1.23Bn (3.9% for the day), while Mumbai is at Rs. 30.59Bn, up Rs. 0.60Bn and 1.97% for the day.
– Delhi & Mumbai rose the most in absolute terms for the day
– Together, Delhi & Mumbai account for Rs. 62.15Bn, around 38.45% of the total bids.

The Rest

– Interesting to note that there has been excess demand for Kolkata and Punjab for three straight days
– Price for Punjab went up by Rs. 0.21Bn and 7.56% for the day
– The top 4 – Mumbai, Delhi, Karnataka and Tamil Nadu – account for 57.19% of the pan-India price, at around Rs. 92.44Bn

– At the lower end of the price range, Kolkata went up to Rs. 5.08Bn, rising 3.9% during the day, and moving ahead of Uttar Pradesh (West), priced at Rs. 5.05Bn.
– The price of Maharshtra, Karnatka, Tamil Nadu, Haryana, Madhya Pradesh, West Bengal, and Jammu & Kashmir did not increase during the day.

Download all the 3G Auction documents here

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like


There is no clarity on which ministry or Indian government representative signed the international statement on end-to-end encryption (E2E) and public safety — that...


Debates on encryption often follow a predictable pattern. Every few months, USA, UK and Australia, at times accompanied by allies, rail against end-to-end encryption...


India, along with the Five Eyes intelligence alliance and Japan, wants companies to build backdoors to end-to-end encrypted platforms for access to law enforcement...


American businesses that sell surveillance products and services could refuse to serve Indian government if they choose to follow the due diligence guidance released...

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

© 2008-2018 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to Daily Newsletter

    © 2008-2018 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ