Controller and Auditor General of India, CAG says, six private service providers in the telecom sector have deprived the government over 12 thousand crore rupees from revenue sharing. The CAG in its report submitted to Parliament today said, these service providers violated the licence agreements and underpaid licence fee (LF) and spectrum usage charges (SUC), thus depriving the government of its rightful share of revenue. The CAG audited the revenue shared by six major telecom service providers in the first phase, for the accounts from 2006-07 to 2009-10.The New Telecom Policy 1999 introduced a revenue sharing regime, in which service providers were required to share a percentage of their adjusted gross revenue (AGR) with the government as Licence Fee. Mobile operators were also required to pay spectrum usage charges (SUC) for the use of radio frequency spectrum allotted to them. Since the revenue shared by private service providers goes to the Consolidated Fund of India, the constitution mandates audit by CAG. The federal auditor must satisfy that the government received its complete and correct share.The CAG pointed out, even after 16 years of the introduction of revenue sharing regime, the Department of Telecommunications could not ensure the correctness and completeness of revenue recovery from the operators.
News On AIR | March 11, 2016 4:52 PM
6 private service providers in telecom sector deprive Centre of over 12,000 crore rupees