Cabinet clears auction of 2300 MHz spectrum

Posted On June 22, 2016 By In National News, Top Stories

giving fillip to Digital India initiative, Cabinet today cleared the way for mega auction of spectrum.

More than 2300 MHz spectrum is available for auction across 7 bands. The availability of such a large quantity of spectrum will give a fillip for Digital India.

This will also allow telecom operators to purchase spectrum at par with international holding values & end spectrum shortage.

Cabinet also approved special package for employment generation & promotion of exports in Textile & Apparel sector.

Finance Minister said that approval was also given for rehabilitation of Mahatma Gandhi Setu at NH-19 on Ganga in Patna.

Damaged cantilever arms to be dismantled & reconstructed. The redevelopment of Setu will reduce time & cost of travel between North and South Bihar.

Extension of timeline for taking over 50% of Outstanding Debt of Discoms, by States under UDAY was approved by CCEA today


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