2G and 3G Spectrum Auction Expected in February

first_imgThe department of telecom is likely to start the auction of 2G and 3G spectrum bands from February 2015.Proposed timeline for February’s auction:- 17 October ( Finalisation of new auctioneer)- 1 December (Notice for auction applications )- 8 December (Pre-bid conference)- January 12 ( Last date for bid submission)- January 28 (List of final bidders)- February (Auction starts)The government has projected ₹9355 crore as revenue receipts from 2G auctions in its budget estimates from current fiscal and is hopeful of raising a further ₹5000 crore through the sale of 3G airwaves.The Telecom Regulatory Authority of India is expected to direct the price of 900 and 1800 MHz spectrum by October.”We will write to Trai (Telecom Regulatory Authority of India) as soon as the swap comes through,” The Economic Times quoted an official.”On 800 MHz we will write to the regulator for some more clarity once the Telecom Commission has ratified the findings of the Dot (Department of Telecommunications) committee.”The Department of Telecommunication is scheduled to auction a total of 184 MHz of spectrum in the 900 MHz band presently owned by Idea Cellular and Vodafone, the permits for which are due to expire next November.The official also explained that in the previous auctions held in February, the government sold three fourths of the total airwaves available in the 1800 MHz band and the remaining one fourth would be put up for auction next year.There are about 29 licences that would expire across 18 circles in 2015-2016, reported Business Standard.last_img read more

Rare contemporary art from Myanmar showcased in India

first_imgA rare group exhibition by five emerging artists, From Myanmar with Love, at the All India Fine Arts and Crafts Society (AIFACS) brought to the capital glimpses of new art practices and contemporary realities in modern Myanmar, coping with change. The participating artists include five leading names, Aung Myint, K Kyaw, Maung Aw, Than Kyaw Htay and Zaw Win Pe, who had exhibited solo at the Alliance Francaise in the capital in 2012.  Presented by the Calcutta Arts Club, a South Asian arts promotion platform, the exhibition is trying to raise awareness about contemporary art from Myanmar and build a buyers’ base in India, a growing market for art. Also Read – ‘Playing Jojo was emotionally exhausting’The fledgling democracy in Myanmar, which was ruled by a military junta for more than five decades, is yet to find an artistic idiom that showcases its socio-cultural character in all its diversity despite the variety of mediums the tribe of young artists is experimenting with, critics say.Technically, the new Myanmarese art is being described as superior to that of its smaller neighbours in Southeast Asia, critics say.Contemporary art from Myanmar, though not yet popular in India, is sought after in the Asian art capitals of Singapore, Hong Kong, Shanghai and across Europe and the US. Also Read – Leslie doing new comedy special with Netflix‘The artists who are exhibiting their works were recommended to me by galleries and collectors from Singapore and Europe. This exhibition will travel to at least six cities in India through the year,’ Calcutta Arts Club co-owner Abhishek Basu told.Last year, the Club had carried a showcase from Myanmar to five cities in Europe and this summer, the travelling exhibition is likely to go to London.‘Bookings for the works started even before the show was unveiled in the capital. I had posted an e-catalogue on the Internet,’ the promoter said. At a preview, Basu sold two of the paintings to local buyers, who elicited curiosity about contemporary art from Myanmar. The prices range from Rs 85,000 to Rs 6,40,000, Basu said, adding the artworks would be replenished as the show travels around the country.Myanmar has two major fine arts schools – the State School of Fine Arts in Yangon and in Mandalay under the National University of Arts and Culture.‘Younger artists experiment with mediums and practise at the art schools,’ Basu said. Most of the art traditions are still indigenous in nature outside the cities with Buddhist influences.last_img read more