MUMBAI: The Telecom Regulatory Authority of India (TRAI) has revised the tariff ceilings for the non-addressable cable TV areas. The authority has allowed an overall 27.5 per cent inflation linked hike in the tariff ceilings. The announcement was made through a notification of the Tariff Order namely the ‘Telecommunication (Broadcasting and Cable) Services (Second) Tariff (Eleventh Amendment) Order, 2014’.
The rise is based on the hike in the wholesale price index (WPI) over the past five years. “The Authority has come to a conclusion that an overall 27.5 per cent inflation hike is allowed. However, it is also of the view that a hike to the tune of 27.5 per cent in a single go would not be appropriate for the market and the consumer to adjust to. Therefore the Authority has prescribed this hike to be implemented in two installments,” says the TRAI release.
While the first installment is of 15 per cent will be effective from 1 April 2014, the second installment for the remaining inflation linked increase will be effective from 1 January 2015. “This will give enough and reasonable time to all the stakeholders to adjust to these hikes,” says the release.