India's No.1 PU & Degree With Integrated IAS & IPS(UPSC/PSC) Training College.
SUPREME COURT HOLDS TELECOM SERVICE PROVIDERS DO NOT OWN SPECTRUM Why in the News? Landmark Verdict: Supreme Court ruled that telecom service providers do not own spectrum, excluding it from insolvency proceedings under IBC. IBC Clarification: Court held that spectrum cannot be treated as an asset for liquidation or resolution under the Insolvency and Bankruptcy …
Read MoreWhy in the news? The Supreme Court waived off interest on income tax dues for telecom service providers like Bharti Airtel, Reliance, and Vodafone Idea. The waiver stemmed from a judgment on October 16, 2023, declaring telecom license fees as “capital in nature”. The Bench considered the Telecom Policy from 1999 and the lapse of …
Read MoreSyllabus: GS 2: Government Policies and Interventions GS 3: Growth and Development , Information Technology & Computer Focus: Recent controversies surrounding spectrum allocation policies, particularly regarding the role of auctions versus administrative assignments, have prompted discussions about the optimal approach for managing telecom resources. Source: TNN The Evolution of Spectrum Allocation The 3G Spectrum auction …
Read MoreWhy in the news? Supreme Court rejects Centre’s plea for administrative allocation of spectrum, emphasising auction-based allocation established in 2G spectrum judgement. About the Supreme Court Rejects Spectrum Allocation Plea: The Supreme Court declined the Centre’s application for administrative allocation of spectrum. Spectrum, a scarce natural resource, is traditionally allocated through open, transparent auctions. The …
Read MoreWhy in the news? The Supreme Court agrees to discuss administrative spectrum allocation following the Union government’s plea, potentially impacting distribution policies. source:eduprep About Supreme Court’s Decision: The Supreme Court has accepted the Union government’s plea to discuss the administrative allotment of certain spectrum classes, rather than using competitive auctions. Attorney General R. Venkataramani presented …
Read More
