Decision on Vi relief after talks with PM, cabinet and finance ministry, says MoS telecom

A decision on whether to provide additional relief to troubled telecom operator Vodafone Idea will be taken after discussions with Prime Minister Narendra Modi, the Union Cabinet and the finance ministry, minister of state for communications Chandra Sekhar Pemmasani told Mint on Monday. The minister said since the amount in question was substantial, any decision on providing relief would be collective.

“At this time, there is nothing that we have planned (on providing relief),” the minister said, adding that the government had already converted a lot of the company’s debt into equity.