May be this is not correct.. I got some information from this pdf i have found. No date is mentioned.
https://mib.gov.in/sites/default/files/faq_10052013a.pdf
1. License fee will be determined as 4% of Gross Revenue (GR) or 2.5% of bid price for a city whichever is higher.
2. What are the financial competency to apply for grant of FM radio channels?
Ans. The financial eligibility of each applicant company shall be assessed on the basis of the following criteria:-
Minimum Net Worth required as per City Category in each region:
D category Cities and cities
with population upto 1 lakh : Rs. 50 Lakhs.
C category Cities : Rs. 1 Crore.
B category Cities : Rs. 2 Crore. 3
A category Cities : Rs. 3 Crore.
A+ category Cities : Rs. 3 Crore.
All categories of Cities in all regions : Rs. 10 Crore.
Thanks
@Rajat Basak Bhai for the Valuable Inputs. Yes - May be I have understood the Payable Structure of Fees in other way.
After Your inputs I have consulted a Very Close Personnel Mrs. Indrani Chakroborty attached to Radio Mirchi and She had said that the Payment Structure You referred was previously Curated by MIB for 10 years of Granting Phase I Licensee to that Particular Station. Many Compound Accounts are related with this.
Also after expiry of 10 years of License Awarded to that Station - MIB had altered slightly to the Rule and after Amending the Scenario now wef 2016 MIB have added that "
The Fixed License Fee payable Per Year will now escalate @15% every Year." Also add 4% Revenue Share per Year of the Asset so accumulated.
And as Kolkata or other Metro Cities FM Stations are Listed on A+ Categories - thus the Payable Annual License Fee is quite Higher than other Cities and Small Town FM Stations.
MIB also not updated their Clauses on or after 2016.
I will be able to write more on these cases after some more Researches from other Stations too in Upcoming Days.
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●Meanwhile here is the List of Radio Stations available in Mumbai.
■ Medium Wave (MW) Stations List - Mumbai
01.Mumbai A (Samvaadita Vaahini) - 1044 KHz
02.Mumbai B (Asmita Vaahini) - 558 KHz
03.Mumbai C (Vividh Bharati) - 1188 KHz
04.AIR Marathi - 567 KHz
■ FM Stations List - Mumbai
01.Dyanvaani Community Radio - 90.4 MHz
02.Jaago Mumbai - 90.8 MHz
03.Radio City - 91.1 MHz
04.Radio Nasha - 91.9 MHz
05.Big FM - 92.7 MHz
06.Red FM - 93.5 MHz
07.Radio One - 94.3 MHz
08.Radio Mirchi - 98.3 MHz
09.AIR FM Gold - 100.1 MHz
10.AIR Vividh Bharati - 102.8 MHz
11.Fever FM - 104 MHz
12.Radio ISHQ - 104.8 MHz
13.AIR GyanBaani - 105.6 MHz
14.Magic FM - 106.4 MHz
15.AIR FM Rainbow - 107.1 MHz
16.Must Community Radio - 107.8 MHz
■ ShortWave (SW) Stations - Mumbai
01.Akashvaani Marathi A - 4840 KHz
02.AIR Primary Marathi - 7820 KHz
