Scindia: No relief beyond SC verdict on AGR dues

Scindia: No relief beyond SC verdict on AGR dues

New Delhi: Barring Vodafone Idea (Vi), no other telecom company is going to get any relief on their adjusted gross revenue (AGR) dues as govt will not step outside the Supreme Court’s mandate, telecom minister Jyotiraditya Scindia said Wednesday. “We are operating under an SC verdict. As far as AGR is concerned, it is based on that verdict that we have taken whatever action. Any other telecom service provider who has a desire, can follow the same process,” he told reporters.In Dec, the Union Cabinet approved a relief package for the debt-laden Vi, freezing its AGR dues at Rs 87,695 crore and rescheduling the payment from FY32 to FY41, following an SC order that allowed govt to comprehensively reassess and reconcile all its dues, including interest and penalties, up to FY17. The central govt owns 49% equity in the troubled telecom player.Earlier, Bharti Airtel had written to the telecom dept to seek a review of its AGR dues. Scindia also expressed eagerness to launch satellite services in India and said the rollout depends on finalising the pricing mechanism for spectrum assignment and ensuring that all security compliances are met. “Once these two requirements are fulfilled, spectrum can be allocated,” he said.The minister also clarified that there are no plans to extend the deadline for implementing SIM-binding norms for OTT communication platforms such as WhatsApp and Telegram. These mandate six-hour logout requirements for web sessions. He said that the logout mandate applies only to virtual connections and does not affect direct usage on mobile phones.

  • Related Posts

    Rupee sinks 23 paise to all-time low of 93.76 vs US dollar as global risks mount

    The rupee weakened by 23 paise to settle at an all-time low of 93.76 against the US dollar on Tuesday, pressured by a strengthening greenback and elevated global crude oil…

    Fortnite publisher Epic Games to lay off more than 1,000 employees to curb costs

    Epic Games on Tuesday said it will lay off more than 1,000 employees as the video game publisher moves to cut costs amid industry-wide pressures and company-specific challenges, AP reported.The…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    ‘Harry Potter’ series: First look at Dominic McLaughlin revealed ahead of trailer launch |

    ‘Harry Potter’ series: First look at Dominic McLaughlin revealed ahead of trailer launch |

    Chennai Metro: 500m-radius of 41 Chennai metro stations to become multimodal hubs | Chennai News

    Chennai Metro: 500m-radius of 41 Chennai metro stations to become multimodal hubs | Chennai News

    Cancer Horoscope Today, March 25, 2026: Keep spending tight |

    Cancer Horoscope Today, March 25, 2026: Keep spending tight |

    Chinook deploys Army’s heavy-duty assault bridge along western sector | India News

    Chinook deploys Army’s heavy-duty assault bridge along western sector | India News

    Gujarat government plans India’s third spaceport near Gir Somnath | India News

    Gujarat government plans India’s third spaceport near Gir Somnath | India News

    Is LaMelo Ball playing tonight vs the Sacramento Kings: Latest update on the Charlotte Hornets star’s injury report (March 24, 2026) | NBA News

    Is LaMelo Ball playing tonight vs the Sacramento Kings: Latest update on the Charlotte Hornets star’s injury report (March 24, 2026) | NBA News