TRAI?s Plan-corpus fund growth lower due to lesser govt grant in FY-16

BENGALURU: The Telecom Regulatory Authority of India reported its financial results for the year ended 31 March 2016 (FY-16). The regulator received 50.83 percent lower Plan grant from the Central Government at Rs 14.75 crore in FY-16 as compared to Rs 30 crore in the previous year. After taking into account higher Plan Total Expenditure of Rs 12.24 crore in the current year as compared to Rs 10.07 crore in FY-15, 87 percent lower surplus amount of Rs 2.52 crore in FY-16 as compared to Rs 19.34 crore in FY-15 was carried forward to its Plan-Corpus Fund. The regulator?s Plan-Corpus Fund has capital of Rs 68.66 crore at the close of FY-16.

Non-Plan Central Government grant however in the current year was 34.7 percent higher in FY-16 at Rs 55.89 crore as compared to Rs 41.50 crore in the previous crore. After 13.75 percent higher non-plan total expenditure of Rs 54.58 crore in FY-16 as compared to Rs 47.98 crore in FY-15, 70.2 percent higher surplus amount of Rs 16.19 crore in FY-16 as compared to Rs 9.52 crore in FY-15 was carried over to the non-plan Corpus Fund. TRAI?s non-plan Corpus Fund capital stood at Rs 38.79 crore at the end or FY-16.

TRAI?s Establishment Expense, which consists mainly of employee and employee benefits expenses, in FY-16 was 15.3 percent higher at Rs 26.03 crore as compared to Rs 22.57 crore in FY-15. Other non-plan administrative expense in FY-16 increased 13 percent to Rs 27.91 crore as compared to Rs 24.70 crore in FY-15. A major component head of TRAI?s other non-plan expense is Rents, Rates and Taxes which increased 17.1 percent in FY-16 to Rs 21.05 crore as compared to Rs 17.98 crore in FY-15.

TRAI?s Total Non-Plan Income in FY-16 grew 23.1 percent to Rs 70.77 crore as compared to Rs 47.98 crore in FY-15. Besides the Central Government Grant, other major income heads included Customer Education Fees from Telemarketers, Penalty from Telemarketers and Financial Disincentive.

Also Read :

TRAI to begin groundwork on next spectrum auction, TSPs not too keen yet

TRAI extends tariff regulations execution date, Madras High court arguments to continue

Latest Reads
Parliamentary IT report cites high charge by Antrix as hurdle to satellite connectivity

Despite the Department of Telecommunications (DoT) citing high cost of satellite-delivered bandwidth to reach remote areas for providing broadband services, parliament’s committee on IT has observed that prohibitive cost should not come in the way of availing of the services as adequate funds are...

Regulators I&B Ministry
SC stays J&K HC order to not prohibit outside food in theatre

MUMBAI: The Supreme Court has stayed a direction issued by the Jammu and Kashmir High Court to the multiplexes/cinema hall owners of the state not to prohibit cinema goers/viewers from carrying their own food articles and water inside the theatre, as per a report by the Indian Express.

Regulators Supreme Court
MIB gives permission to four new channels

For nearly a year, the Ministry of Information and Broadcasting (MIB) has been stingy in handing out licences to channels. But in July, four new channels got permissions and none were cancelled.

Regulators I&B Ministry
Does govt propose to regulate kids' channels? MIB says 'no'

NEW DELHI: Do watching cartoons have lasting effects on the children? Has the government made any assessment regarding the impact of cartoon channels on kids? Does the government propose to regulate/limit the telecast of cartoon programmes by private channels and Doordarshan in accordance with the...

Regulators I&B Ministry
RS Sharma re-appointed TRAI chairman till Sept 2020

TRAI chairman RS Sharma, whose last day was today has got an extension till 30 September 2020.

Regulators TRAI
Being pro-consumer does not mean one is anti-industry: TRAI chairman RS Sharma

Outgoing TRAI chairman RS Sharma, whose tenure saw major, at times controversial, decisions on issues like termination charge and predatory pricing, on Wednesday said he is of the firm belief that being pro-consumer does not mean one is anti-industry.

Regulators TRAI
Meity says no proposal presently to tap WhatsApp messages

Though the Indian government continues to explore avenues to track digital footprints of the citizens and regulations for online media, it said on Wednesday it did not plan at present to tap people’s WhatsApp messages.

Regulators I&B Ministry
MIB seeks details to simplify forex payments for broadcasters, teleport ops

In what it says is aimed at further easing norms for doing broadcast business, the government has asked for particulars from TV channels and teleport operators using services of foreign satellites for uplinking and temporary uplinking so payment of foreign exchange processes could be simplified.

Regulators I&B Ministry
DoT seeks views on blocking mobile apps like FB, WhatsApp

India’s telecom department has sought views of the stakeholders on technical measures that can be adopted for blocking mobile apps like Instagram, Facebook, WhatsApp and Telegram. The proposal has been questioned and criticised by a large section of the industry and civil society, including chamber...

Regulators I&B Ministry

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories