TRAI,
companies slug it out over tariffs
New Delhi: The Telecom Regulatory Authority of
India (TRAI) and mobile operators are headed for a collision
course, with the regulator terming the hike in mobile
and long-distance tariffs because of the imposition of
access deficit charges unjustified. Although TRAI officials
said mobile operators were free to set tariffs, they added
that the regulator could intervene if it found the tariff
hikes to be unreasonable.
TRAI
member D P S Seth said: "We examined the IUC regime
and have concluded that there are enough margins in the
existing tariff structure for the operators to adjust
the access deficit charge amount. To put the blame on
ADC is a lame excuse given by cellular operators."
Seth added that even in the long distance segment, the
interconnect usage charges specified by TRAI had left
scope for only a downward revision in tariffs instead
of an increase.
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Rs
29,532 crore more tax raised in five years
New Delhi: The six budgets of the Atal Bihari Vajpayee
government presented between 1998-99 and 2003-04 have
seen massive additional resource mobilisation of Rs 29,532
crore. The growth in revenue has, however, just about
kept pace with higher government expenditure, says a report.
The additional revenue mobilisation saw its peak in 2002-03
in Yashwant Sinha's budget with his new tax measures yielding
a whopping Rs 10,500 crore. Even in previous years, Sinha
has been raising handsome amounts of revenue - Rs 7,425
crore in 1998-99, Rs 9,334 crore in 1999-2000 and Rs 4,885
crore in 2000-01.
The
only exception was in 2001-02 when his measures resulted
in a revenue loss of Rs 2,951 crore. In comparison, Jaswant
Singh raised only Rs 339 crore in his debut budget this
fiscal which was marginally higher than what P Chidambaram
mobilised in 1997-98. Revenue receipts have gone up 89.6
per cent from Rs 1,33,886 crore in 1997-98 (the year when
Chidambaram presented his budget as finance minister in
the United Front government) to Rs 2,53,935 crore budget
estimate for 2003-04.
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