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Telecom relief: Cabinet clears package for Vodafone Idea, freezes AGR dues at Rs 87,695 crore
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Telecom relief: Cabinet clears package for Vodafone Idea, freezes AGR dues at Rs 87,695 crore

admin7 months ago01 mins

The Union Cabinet on Wednesday approved a relief package for debt-laden Vodafone Idea, freezing adjusted gross revenue (AGR) dues of Rs 87,695 crore and rescheduling their repayment over a 10-year period from FY32 to FY41, sources told PTI.As part of the decision, the Department of Telecommunications will reassess the frozen AGR dues based on Deduction…

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