+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

AGR woes: No decision on relief to telcos at DCC meet

Feb 28, 2020, 13:47 IST
PTI
New Delhi, Feb 28 () The crucial meeting of Digital Communications Commission (DCC) on Friday could not arrive at a decision on relief to the distressed telecom sector and more details are required for reconciliation of AGR data, sources said.

The DCC meeting lasted two hours and is expected to meet again in coming days, the sources said.

Advertisement

The telecom department officials continue to maintain that the meeting did not focus on AGR issues but on project implementation for PPP on Bharat Net project.

It is learnt that no decision on telecom relief could be taken at the meeting.

The telecom department is awaiting more details required for reconciliation of AGR data, sources added.

DCC, the highest decision-making body of the government on telecom, met on Friday to discuss relief measures for telecom companies hit by the Supreme Court ruling on AGR.

Advertisement

DCC members include secretaries of Ministries of Finance, Commerce, and Electronics and IT, as well as CEO of NITI Aayog, besides top officials of the telecom department.

In fact, just days ahead of this meeting, Vodafone Idea told the government that it would not be able to pay the Supreme Court mandated Rs 53,000 crore dues unless state support is extended to survive the crisis. MBI SR ANUANU

(This story has not been edited by www.businessinsider.in and is auto–generated from a syndicated feed we subscribe to.)
Next Article