Rs 90,000-crore telcos relief package awaits Cabinet secretary’s call

The Cabinet secretary is expected to take a final call on a proposal for providing around Rs 90,000-crore relief package to telecom operators like Bharti Airtel and Vodafone Idea, by waiving off a significant portion of their adjusted gross revenue (AGR) dues.

Earlier, the department of telecommunications (DoT) had proposed to the finance ministry to waive 50% interest and 100% penalties and interest on penalties, on the AGR dues.