Telecom relief: Cabinet clears package for Vodafone Idea, freezes AGR dues at Rs 87,695 crore
The Centre on Wednesday approved a relief package for Vodafone Idea, freezing its outstanding adjusted gross revenue (AGR) dues and allowing a five-year moratorium on payments, a move seen as critical to stabilising the debt-laden telecom operator, PTI reported citing sources.The relief measures cleared by the Union Cabinet are aimed at protecting government interests —…