» India reaps a bounty on the first day of spectrum auctions – but it's a lot less than what the government wanted India reaps a bounty on the first day of spectrum auctions – but it's a lot less than what the government wanted Rounak JainMar 2, 2021, 13:46 IST Representative imageUnsplash The Indian government reaped a record ₹77,000 crore on the first day of 2021 telecom spectrum auctions. There are two positives for the government – its strike rate has drastically improved, and the value sold so far is the second highest in spectrum auctions so far. However, the total sales are still a lot lower than what the government would have wanted.