Telecom department says stress in sector, expects lower revenue collection
    Telecom department says stress in sector, expects lower revenue collection - Livemint
    DoT had earlier projected a FY18 revenue target of Rs 46,351 crore

    The Department of Telecommunications (DoT) has expressed its inability to meet its revenue target of Rs 47,305 crore for FY18 and has asked the finance ministry to revise the projection to Rs 29,524 crore — almost a 40 per cent fall.The DoT had earlier projected an FY18 revenue target of Rs 46,351 crore, which was revised upward by the finance ministry to Rs 47,305 crore.The sector’s gross revenue, which was Rs 2.36 lakh crore in FY2015-16, fell by Rs 26,000 crore in FY2016-17 to Rs 2.10 lakh crore,” the letter said.Giving a break-up, the DoT has told the finance ministry that the licence fees were likely to fall to Rs 9,255 crore for FY18, against the target of Rs 17,497 crore.

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