Government Considering Stress Fund For Distressed Telcos

The government is considering the possibility of setting up a stress fund for the telecom sector that could lend to companies such as Vodafone Idea to help them meet AGR dues as part of a comprehensive relief package.

Other measures being discussed include a deferment of licence fee and spectrum usage charge (SUC) payments.

These points came up at recent meetings between top telco executives with govt functionaries to solve the AGR payment crisis.―Current Affairs