Easing burden on telecom companies: Govt panel mulls repayment of AGR dues over 20 years

NEW DELHI: The government panel considering relief for the telecom sector is looking at a repayment period of as much as 20 years for adjusted gross revenue (AGR) dues — with possibly an initial moratorium — based on the net present value (NPV) method to ease the burden on heavily indebted companies.

It will also consider a reduction in the total incidence of taxation to help the troubled sector and separately reach out to the regulator to consider some floor on tariffs to help with viability.