Cabinet approves 730 private FM radio channels in 234 new cities and towns

New Delhi: The government on Wednesday approved the roll-out of 730 FM radio channels in 234 new cities and towns with an estimated reserve price of Rs 784.87 crore.

Many of the approved cities and towns are in ‘Aspirational Districts’, left-wing extremism (LWE)-affected areas and border districts, and FM radio channels in these areas will further strengthen the government outreach in these areas.

The Cabinet greenlighted the proposal for the third batch of ascending e-auctions for 730 channels under the ‘Private FM Radio Phase Ill Policy’.