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Policy and regulations

AGR dues: why telcos should be allowed to sell spectrum as part of a resolution plan

The Supreme Court’s verdict on AGR dues has left telcos staring at bankruptcy. Even the government could face loss of investors and future business opportunities. In view of the pandemic-hit economy and rising unemployment, the government should expand the concept of public interest by including all stakeholders and follow a middle path.
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24 Sep 2020 8 Mins Read 0 comment
An Airtel store in Kolkata and a Vodafone outlet in New Delhi Getty Images
An Airtel store in Kolkata and a Vodafone outlet in New Delhi
The 15-year-old legal battle between the telcos and the government over the adjusted gross revenue (AGR) has left the former staring at crores of rupees in dues and penalties. The Supreme Court accepted the government’s definition of AGR, which includes levies for almost all operations, and directed telcos to pay dues worth INR1.43 lakh crore within a span of 10
from National Law University, Nagpur, with an interest in corporate and commercial law. She can be reached at debarpita.pande@gmail.com . Pranjal Pandey is a fifth-year student at National Law University, Nagpur. He has a keen interest in corporate and commercial matters and the eternal interplay between regulatory dynamics and economic policy. He can be reached at pranjalpandey@nlunagpur.ac.in .)
The 15-year-old legal battle between the telcos and the government over the adjusted gross revenue (AGR) has left the former staring at crores of rupees in dues and penalties. The Supreme Court accepted the government’s definition of AGR, which includes levies for almost all operations, and directed telcos to pay dues worth INR1.43 lakh crore within a span of 10 from National Law University, Nagpur, with an interest in corporate and commercial law. She can be reached at debarpita.pande@gmail.com . Pranjal Pandey is a fifth-year student at National Law University, Nagpur. He has a keen interest in corporate and commercial matters and the eternal interplay between regulatory dynamics and economic policy. He can be reached at pranjalpandey@nlunagpur.ac.in .)

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