Telecom revenue shortfall will not affect fiscal situation: FinMin

DoT had written that it would not be able to meet its revenue target of Rs 47,305 cr for FY18

The telecom department’s (DoT’s) plea to the finance ministry on inability in meeting its 2017-18 revenue target will not affect the fiscal situation in a big way, say policy makers at the latter.
 
However, economists differ and say that in a year of revenue uncertainty due to the new goods and services tax (GST), any shortfall in budgeted revenue will have to be matched by an equivalent cutting of expenditure.
 
DoT had written that it would not be able to meet its revenue target of Rs 47,305 crore for FY18; it has asked the finance ministry to revise