Monday, April 19, 2010

Meghalaya set to get 11th govt in 10 years

TAFF WRITER 22:38 HRS IST

Shillong, Apr 18 (PTI) Meghalaya is all set to get its 11th government in 10 years with Chief Minister D D Lapang resigning tonight, paving the way for his deputy Mukul Sangma to take over the reins of the state.

Lapang's government was the 21st government the state has witnessed in its 38-year history and tenth in the last ten years.

When Lapang was asked about the instability, he said, "We are in the field. Those who are watching should study the reasons."

During the last two years, the state has seen three governments and is bracing for a fourth with the same set of assembly members who were elected in March 2008.

Lapang was sworn in after the assembly elections in March, 2008, but had to resign after ten days having failed to muster majority in the House.

3G auction: Govt set to get Rs 24K cr

TAFF WRITER 21:5 HRS IST

New Delhi, Apr 19 (PTI) Ensuring a minimum of Rs 24,620 crore to the government's kitty, the price for all-India 3G spectrum rose to Rs 6,068 crore on Day 8 of the auction and the bidding is still going strong.

The Delhi circle continued to be the most in demand with the bid price going up to Rs 691.20 crore against the reserve price of Rs 320 crore.

The government has set a target of generating up to Rs 35,000 crore from the sale of spectrum for 3G telephony and broadband wireless access (BWA). The auction for BWA will start two days after that of 3G.

The base price for pan-Indian 3G licence was fixed at Rs 3,500 crore.

Earlier during the day, Telecom Minister A Raja exuded confidence that the government's revenues may exceed the target of Rs 35,000 crore.