City
Epaper

Telecom Ministry to decide on AGR dues: FM

By IANS | Updated: February 17, 2020 19:10 IST

Passing the buck, Union Finance Minister Nirmala Sitharaman on Monday said the Telecom Ministry would decide on the payment of adjusted gross revenue (AGR) arrears by the defaulting telcos as directed by the Supreme Court recently.

Open in App

Bengaluru, Feb 17 Passing the buck, Union Finance Minister Nirmala Sitharaman on Monday said the Telecom Ministry would decide on the payment of adjusted gross revenue (AGR) arrears by the defaulting telcos as directed by the Supreme Court recently.

"The Telecom Ministry has been engaging with the telcos soon after the Supreme Court's ruling on February 14. I will wait to hear the Ministry's decision," Sitharaman told reporters here.

Justice Arun Mishra-led bench ordered Airtel and Vodafone Idea to pay the AGR dues immediately to avoid contempt of court on Friday.

On the same day, the telecom department withdrew its letter that said no coercive action should be taken against them for not paying the dues in time.

"The Telecom Ministry has been in touch with Airtel and Vodafone Idea since the apex court order. It will only be proper for me to hear from the Ministry on the verdict, added Sitharaman.

Sitharaman was on a day's visit to the tech city to explain the fiscal 2020-21 Union Budget to the representatives of industry and trade, including startups entrepreneurs.

( With inputs from IANS )

Open in App

Related Stories

NationalBJP TN president asks govt to act for safety of girl students in schools

LifestyleGaneshotsav 2025: Easy, Simple and Creative Rangoli Design Ideas for Ganesh Chaturthi

Other Sports'If the franchise feels there’s a role for me': De Villiers hints at possible IPL coaching role with RCB

EntertainmentKGF actor Dinesh Mangaluru passes away at 55 after prolonged illness

NationalRahul Gandhi is a serial liar, no vote theft: CM Fadnavis

कारोबार Realted Stories

BusinessFlipkart to create over 2.2 lakh additional seasonal job opportunities this festive season

BusinessIndian stock market so far sees double-digit sequential growth in new registrations in FY26: NSE

BusinessIndian Medical Association supports government's GST relief on essential medicines

BusinessThe Blue Ribbon Achievers Award 2025: The Oscar of Global Recognition Is Here

BusinessSomaiya Vidyavihar University Redefines Arts and Humanities Education with India's Most Exciting Programs in Art History, Visual Studies, Art Criticism and Liberal Arts