New Delhi, Dec 10: The cabinet Committee on Economic Affairs Monday cleared the spectrum auction reserve costs for 900 Mc (MHz) and 1,800 MHz, a politician statement aforesaid here.

The cabinet panel has given the nod to associate earlier call of the sceptered cluster of ministers (EGoM) on spectrum rating, taken in Nov.

The telecommunication Commission had earlier prompt fixing a minimum Rs.1,765 crore per megacycle because the worth for pan-India spectrum (22 circles) within the 1,800 mhz band, fifteen per cent above the telecommunication regulatory agency of India’s (TRAI) prompt rate of Rs.1,496 crore.

“The reserve worth for 1,800 MHz band of Rs.1,765 crore per megacycle pan India works resolute Rs.8,825 crore,” it said.

The telecommunication Commission more prompt to stay the bottom worth for 900 MHz twenty five per cent above the TRAI recommendation, that the EGoM in agreement.

Spectrum in 900 megacycle band can value a minimum of Rs.360 large integer per MHz for Delhi, Rs.328 crore for Mumbai and Rs.125 crore for Kolkata.

The government plans to auction these airwaves within the third week of January 2014 and expects to mop up Rs.4,000 crore from the exercise.

The spectrum probably to be auctioned in 2014 is quite 400 mhz of airwaves for industrial use in 1,800 megacycle and forty five MHz of airwaves in 900 megacycle.

The decisions can lead to economical activity of the scarce resource of spectrum, facilitating growth of telecommunication services within the country, the statement added .