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Expected proceeds from 5G spectrum auction not included in Budgeted revenue, says government

July 08, 2019
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According to Finance Secretary, Budget 2019-20 has not incorporated the expected revenue from the 5G spectrum auction that is expected to be held this year.

This is because the Department of Telecommunications is still working out modalities of the auction.

At present, the government is expected to garner Rs 4.5-5 trillion over a period of time.

Meanwhile, centre has specified expenditure to the tune of Rs 217.83 billion on IT and telecom services under Budget 2019-20.

 
 
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