Conduct of FM Phase-Ill auctions and migration (renewal) of Private FM Radio licenses from Phase-II to Phase-Ill

The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi, today gave its approval for conduct of FM Phase-Ill auctions and migration (renewal) of Private FM Radio licenses from Phase-II to Phase-Ill in 69 existing cities for 135 channels. This will be on an ascending e-auction basis. Approval was also given to migration (renewal) of private FM Radio licenses from Phase-II to Phase-Ill on payment of migration fee according to TRAI recommendations.