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Reforms to change framework of Indian telecom sector: Minister
TIWN
TIWN
PHOTO : TIWN
New Delhi, Sep 16 (TIWN) As the Union Cabinet on Wednesday approved several reforms and relief measures for the telecom sector, Union Minister for Communications, Ashwini Vaishnaw said that these measures will change the entire framework of the Indian telecom sector.
Among several decisions, the Cabinet has approved a four-year moratorium on all dues by telecom operators including the adjusted gross revenue (AGR), however, those operators availing the moratorium will have to pay interest of "MCLR+2 per cent" and a change in the definition of AGR.
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