Govt preps Rs 82,000 cr relief for non-telcos: Decoding the AGR dispute

The Indian government is in the process of finalising a relief package exceeding Rs 82,000 crore for non-telecom companies grappling with adjusted gross revenue (AGR) dues, according to a recent report by The Economic Times. This retrospective relief, expected to be part of the broader telecom bailout package, could be announced as early as the Union Budget. It aims to exclude non-telecom revenues from AGR calculations, waive 50 per cent of interest, and eliminate penalties and interest on penalties, the report said.