Gujarat surpassed Delhi to emerge as the most valuable circle with a bid of Rs. 460 crore, while the all-India licence price increased to Rs. 4,583 crore on the fourth day of 3G spectrum auction on Tuesday.

Gujarat, the state with highest GDP growth rate in India is considered as one of the richest and prosperous parts in India.

The all-India bid on Day 4 rose to Rs. 4,583 crore, 31 per cent higher than the base price of Rs. 3,500 crore.

With this, the government would garner at least Rs. 18,332 crore, up by Rs. 1,036 crore since Monday.

On Monday, the the all-India licence bid had touched Rs. 4,324 crore.

At the end of six rounds of auction, Gujarat has emerged as the most valuable circle at Rs. 460 crore, surpassing Delhi at Rs. 438 crore.

While bid price for Andhra Pradesh, Tamil Nadu and Maharashtra rose to Rs. 425.14 crore, Rs 429.39 crore and Rs 425.14 crore, respectively, Karnataka remained ahead of Mumbai at Rs. 420.94. Mumbai saw bids of Rs. 416.78 crore.

Kolkata saw no increase in its bid price at Rs. 157.80 crore with negative demand. Kerala’s bid price touched Rs. 159.37 crore, the same as the one for UP (W).