'Non-tax revenue from 3G auction to help in fiscal consolidation'

Non-tax revenue expected from 3G auction would help in fiscal consolidation, Union Finance Secretary, Ashok Chawla said today.

"Non tax revenue expected from the 3G auction will help in fiscal consolidation," Chawla, told reporters here today.

He also said that no liquidity crunch was likely in the system owing to the 3G auction.