Faced pressure over e-auction of FM radio, says PM Modi
Faced pressure over e-auction of FM radio, says PM Modi
"A lot of pressure was put on me in every way...It was said radio concerns the common man. The Team India of 125 crore people wants transparency," Prime Minister Narendra Modi said.

New Delhi: "A lot of pressure was put on me in every way...It was said radio concerns the common man. The Team India of 125 crore people wants transparency," Prime Minister Narendra Modi said.

In his Independence Day speech from the Red Fort, Modi said that he had faced a lot of pressure against the transparent process of e-auction of first batch of private FM Radio phase III channels but he did not yield to it.

He said that auction of about 85 channels was being conducted which had yielded over Rs.1,000 crore to the exchequer.

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