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2G Auction Revenue: The Real Picture

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February 11: Bids just keep pouring in even after eight days and 53 rounds of the on-going 2G auctions. The government says its revenues from the first seven days crossed Rs.59,000 crore. But, Bloomberg TV India has learnt that the actual figure is closer to around Rs.36-39,000 crore. Priyal Guliani explains the difference between the government’s figures and the actual amount locked in.