DoT panel needs more data for deciding on AGR relief

NEW DELHI: Digital Communications Commission (DCC), the interministerial panel of Telecom Ministry, on Friday did not take any decision on possible relief to the financially distressed telecom sector with officials saying more data are required for reconciliation of AGR numbers, dashing the hopes of telcos, especially Vodafone Idea.

The DCC meeting that lasted two hours will be held again in the coming days, sources said.

No decision has been taken on any relief to the telecom companies, sources said, adding, the department needs more data, and that there will be more meetings and reconciliation of AGR figures. Secretaries in the Ministries of Finance (DEA), Commerce, and Electronics and IT, as well as CEO of NITI Aayog, are the members of DCC. Vodafone Idea, the worst-hit telco with Rs 53,000 crore AGR dues, has told the government that it would not be able to pay the dues unless state support is extended to it to survive the crisis. (IANS)

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