Govt plans to raise USD 84 billion from airwaves auction in 2019
- Prime Minister Narendra Modi-led NDA Government hopes to increase around $83.8 billion (Rs 5.83 trillion rupees) from its latest round of airwaves auction in 2019.
- The Central government is planning to sell 8,600 megahertz of telecom airwaves across multiple frequency bands.
- Rs 65,789 crore was raised in the airwaves auction held by the government in 2016-17.
- Recently, Telecom Minister Ravi Shankar Prasad announced the debut auction of fifth-generation (5G) spectrum this year along with trials within 100 days.
