The empowered group of ministers on Wednesday asked the department of telecommunication to prepare a matrix of reserve price of spectrum auction and its impact on tariffs and revenue to the government.
According to sources, DoT has been asked to prepare a matrix of various levels of reserve price and spectrum usage charge at every Rs 1,000 crore (Rs 10 billion) difference in descending order and the impact that would have on tariffs for end-consumer and the revenue accrued to the government.
The same is to be presented to the EGoM in its next meeting, scheduled for July 20.
Sectoral regulator Telecom Regulatory Authority of India had recommended a minimum price of over Rs 3,622 crore (Rs 36.22 billion) for auction of a single unit of spectrum amounting to over Rs 18,000 crore (Rs 180 billion) for a pan-Indian