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Lessons from 2G for FM radio auctions: Broadcasters call for policy correction

Friday, November 16, 2012

WN.com - Business News
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Lessons from 2G for FM radio auctions: Broadcasters call for policy correction
Nov 17th 2012, 06:57

NEW DELHI: The failure of the 2G telecom auctions has sent shock waves through government circles. While the expectation was that bidding would give the government a Rs 28,000-crore bonanza and thus help it to partly bridge the fiscal deficit, the actual number has been less than a third of that. Analysts have offered several reasons for the failure of the auctions. While the government will no doubt take corrective steps for future 2G auctions, the immediate test would be with the...
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