Cabinet Decision: Wait is over, cabinet approves 5G spectrum auction
Cabinet approves 5G spectrum auction.
5G spectrum will be auctioned for 20 years. The 600, 700, 800, 1800, 2100, 2300, 2500 MHz bands will be auctioned. DoT will start inviting applications today. Union Minister Anurag Thakur will give information about the decisions of the cabinet today at 3.30 pm.
Prime Minister Narendra Modi (PM Narendra ModiA big decision has been taken in the meeting of the Cabinet and the Cabinet Committee on Economic Affairs (CCEA) held on Tuesday, 14 June 2022 under the chairmanship of Mr. According to media reports, the cabinet 5G spectrum ,5G Spectrum Auction) Auction is approved. The Department of Telecom (DoT) will start inviting applications this week. Also Tour of Duty System for Armed Forces (Tour of Duty System) has also been approved. Union Minister Anurag Thakur will hold a press conference of the cabinet today at 3.30 pm and will inform about the decisions of the cabinet.
Let us tell you that telecom companies have been demanding the auction of 5G spectrum for a long time. Today the wait is over. The 5G spectrum auction has been given the green signal in the cabinet meeting. The Department of Telecom (DoT) will start inviting applications today. 5G services can start in the country by Diwali.
Auction to be started in July
The auction of 5G spectrum will be started next month. Government will auction 9 spectrum bands. Spectrum will be auctioned for 20 years. The 600, 700, 800, 1800, 2100, 2300, 2500 MHz bands will be auctioned. The total price of spectrum for auction has been kept at Rs 5 lakh crore. The government wants telecom companies to participate in this auction. Start services as soon as possible.
Tour of duty system also got approval
The cabinet has approved the Tour of Duty for the Armed Forces. Under this, newly recruited soldiers will be inducted into the forces for four years. After the end of the service, they will get about 10 lakhs in a tax-free manner. Rs. The chiefs of the three armies will brief the media in detail at 12.30.
The objective of the central government is to recruit about 45 thousand to 50 thousand Agniveers every year for below officer rank in all three wings of the army. After four years of service, only 25% of Agniveers will be retained or re-enlisted in the regular cadre on the basis of merit, willingness and medical fitness. After that he will serve for a tenure of 15 years.
In this, both officers and soldiers will be recruited. But the army officers who have retired on the post of officer will be given a chance to serve again.