Wednesday, September 15, 2021
The Central Government has finally answered the distress call from the telecom sector with a set of reforms that address some of the major grievances of the sector.
The contentious definition of the Adjusted Gross Revenue (AGR) has also been revamped with non-telecom revenue excluded from its purview. The telcos have contested the AGR definition and have been burdened with pending AGR dues.
FDI reforms have also been announced and will boost investments in this capital-intensive sector.
The move will help in bringing robustness to the sector and bring fresh investment to the sector.
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