India Fm Wallpaper Biographysource(google.com.pk)
FM Radio was first introduced by All India Radio in 1972 at Madras and later in 1992 at Jalandhar.
Phase One: In 1993, the government sold airtime blocks on its FM channels in Madras, Mumbai, Delhi, Kolkata and Goa to private operators, who developed their own programme content.
Indian policy currently laid down that these bids were a One-Time Entry Fee (OTEF), for the entire license period of 10 years. Annual license fee for private players is either 4% of revenue share or 10% of Reserve Price, whichever is higher
Four years later (1997), after the initial euphoria died out and most of the bidders could not meet their commitments to pay the governments the amounts they had expected and defaulted.
The only non-defaulter was the Times Group which operated its brand, Times FM, till June 1998. The government, therefore, decided not to renew contracts given to private operators.