Can govt waive off AGR dues for telcos to ensure ‘3+1’ market? If yes, who among Vodafone Idea, Bharti Airtel, Jio benefit the most?

While the government, according to media reports, is considering a proposal to waive the penalty and interest components of Adjusted Gross Revenue (AGR) dues that were levied on telecom players, following repeated rejections of relief by the Supreme Court, the question still remains – can government waive off the AGR dues? Per reports, the government is considering waiving 50 per cent interest and 100 per cent of penalties and interest on penalties on the AGR dues of telcos that make up a bulk of the AGR dues that were levied on telcos like Vodafone Idea and Bharti Airtel after the Supreme Court order of 2019.