Govt mulling proposal to waive AGR dues for telecom companies: Report

The Union government is mulling a proposal to waive adjusted gross revenue (AGR) dues for telecom companies, said a report by Economic Times.

As per the proposal, the government is considering “to waive 50% of interest and 100% of penalties and interest on penalties” that make up a bulk of the AGR dues that were levied on telcos such as Vodafone Idea and Bharti Airtel after the Supreme Court order of 2019, said the report.