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Article: INDIAN MINISTERS TO MEET DISCUSS 3G RESERVE PRICE.
- Article from:
- AsiaPulse News
- Article date:
- June 16, 2009
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NEW DELHI, June 16 Asia Pulse - India's Telecom Minister A Raja will meet Finance Minister Pranab Mukherjee on Wednesday seeking a consensus on the issue of reserve price for 3G spectrum auction.
Highly placed officials said Raja's meeting with Mukherjee is likely to sort out the differences between the ministries over the 3G reserve price. The Department of Telecom has pegged it at Rs 20 billion (US$418.76 million) while the finance ministry wants just double the amount.
The government wants to finalise the reserve price issue before the Budget on July 6 so that an expected revenue figure from the auction can be given in the ...