Even in the absence of a spectrum auction in the current fiscal, the Department of Telecom (DoT) is all set to earn a revenue of over Rs 49,000 crore, exceeding the budgeted target by about Rs 6,000 crore.
The government had pegged revenue from communication services for the current fiscal at Rs 42,865 crore, including upfront realisation from spectrum sale and licence fee.
"The revenue projection for the current fiscal is over Rs 49,000 crore, of which Rs 37,000 crore have already been received till December," Telecom Secretary Rakesh Garg told Press Trust of India.
The telecom secretary said DoT got Rs 22,332.42 crore as upfront fee from spectrum auction in March, Rs 6,701.92 crore licence fee, Rs 5,754.53 crore spectrum charges and about Rs 2,246.09 crore through other receipts till December.
That apart, DoT has received Rs 5,384 crore from Reliance Communications as spectrum liberalisation fee for 16 circles whereas Vodafone has paid Rs 2,450 crore for merger of its various subsidiaries.
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