No relief for telecom sector in economic package, disappointed: COAI

The Cellular Operators’ Association of India (COAI) on Sunday said the industry has been left “disappointed” that its long-standing demand for cut in licence fee and other levies did not figure in measures and reforms announced by the government to boost the economy amid the coronavirus pandemic.

Finance Minister Nirmala Sitharaman announced the fifth and final tranche of economic stimulus package to deal with the economic fallout of the COVID-19 pandemic. The booster measures announced on Sunday related to MGNREGS, healthcare and education, businesses, de-criminalisation of the Companies Act, ease of doing business, public sector enterprises, and resources related to state governments.