Just In
Don't Miss
- News Andhra Pradesh Elections: Congress Releases List Of 38 Candidates
- Automobiles Upcoming Mahindra XUV3XO: New Interior Features Showcased
- Finance Gold Price India: 22K/10 Grams Gold Falls By Rs 500, 24K/100 Grams Yellow Metal Dips By Rs 5000
- Movies Pushpa 2 First Single Release Date: Allu Arjun, Rashmika Mandanna's Sequel's First Lyric Video To be Out On...
- Lifestyle Kalki 2898 AD: Amitabh Bachchan As Ashwatthama Aces The Mystical Look In The Teaser, Pics!
- Sports T20 World Cup 2024: 10 Players Certain of Getting Place In India Squad For Upcoming ICC Event
- Education AP SSC Results 2024 Declared On April 22, Check Details Here
- Travel Journey From Delhi To Ooty: Top Transport Options And Attractions
TRAI opens consultations on auction of phase-III FM Radio
Broadcasting sector regulator TRAI has initiated consultations to work out a methodology for establishing the 'Reserve Price' for auction of Phase-III FM Radio channels in new cities.
In a consultation paper released here, TRAI suggested that the reserve price for FM Radio channels in a new city can be set at 0.8-times the valuation of FM Radio channels in that city. It also suggested methodologies under which the valuations for FM channels could be estimated on the basis of listenership, Gross District Domestic Product (GDDP) and also as per the revenue generation potential.
Recommended: Top 15 Best Midrange Smartphones in India From Rs 10,000 to Rs 20,000
TRAI has sought comments from stakeholders about its approach towards establishing the reserve price in the 253 new cities. It also invited views about the proposal that the Reserve Price for FM Radio channels in a new city can be set equal to 0.8 times of the valuation of FM Radio channels in that city.
The regulator also proposed a reserve price of Rs 5 lakh per city for FM Radio channels in 11 border cities in Phase- III and sought comments on the same.
The Information and Broadcasting Ministry had earlier sought TRAI's recommendations on Reserve Prices for FM Radio channels in new cities following which it issued the consultation paper to solicit comments and views on the reserve prices for auction of FM Radio channels in the altogether 264 new cities in Phase-III.
In its consultation paper, TRAI also said that the objective for expanding FM Radio broadcast service is to make available a variety of entertainment, information and educational content to citizens.
This goal is sought to be achieved by covering under- served geographical areas of the country by setting up FM Radio Stations in new cities, it added. "The primary purpose of auctioning FM Radio channels is to boost the FM Radio movement and expand its outreach.
Recommended: Top 10 Smartphones to Gift your Valentine on February 14 [Best Deals]
The expectation is that FM Radio will contribute towards development of society, fulfil the entertainment and information needs of citizens, and promote socio-economic activity.
"The revenue generated from the auction process is incidental to the realisation of these larger societal objectives," TRAI said in its consultation paper.
Source: PTI
-
99,999
-
1,29,999
-
69,999
-
41,999
-
64,999
-
99,999
-
29,999
-
63,999
-
39,999
-
1,56,900
-
79,900
-
1,39,900
-
1,29,900
-
65,900
-
1,56,900
-
1,30,990
-
76,990
-
16,499
-
30,700
-
12,999
-
18,800
-
62,425
-
1,15,909
-
93,635
-
75,804
-
9,999
-
11,999
-
3,999
-
2,500
-
3,599