New Delhi, Feb. 28: The government, which will miss its revenue collection target from spectrum sale and one-time telecom fees by two-thirds this fiscal, expects to mop up Rs 40,847 crore in the next financial year.
This is lower than this year’s initial target of Rs 58,217 crore from the telecom sector, of which Rs 40,000 crore was expected from spectrum sales alone. However, according to the budget for 2013-14, the government expects to raise only around Rs 19,440 crore during the current fiscal.
The expected revenue for 2013-14 relates mainly to one-time spectrum charges that will be levied on mobile operators as well as the sale of radiowaves in the 1800 MHz, 900MHz and 800Mhz bands.
The proposed receipts will also include licence fees from various communication service providers. The telecom ministry issues permits for various services such as landline, mobile and internet, and operators in each of these service pay a part of their revenue as licence fees to the Centre.
“Serious players in the telecom sphere will have to buy spectrum. The uncertainty surrounding spectrum auction will get resolved soon and we will sell radio waves to get the money,” finance minister P. Chidambaram told reporters.