19th December, 2002
Ministry of Information & Broadcasting  


FM RADIO AUCTION GIVES RS. 155 CRORE REVENUE


LOK SABHA

The Government has earned so far a total revenue of Rs. 155.12 crores on account of open auction of FM radio stations, which includes earnest moneys, but excludes Bank Guarantees lying with the Government. Auction was held for 40 cities.

This was stated in Lok Sabha today by the Minister of Information and Broadcasting, Smt. Sushma Swaraj in a written reply to Dr. N. Venkataswamy.