No decision on relief to telecom companies in DCC meeting!

BusinessNo decision on relief to telecom companies in DCC meeting!

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New Delhi: In a crucial meeting of the Digital Communications Commission (DCC) on Friday, no decision could be taken to give relief to telecom companies going through the crisis. More information is still needed to reconcile the data on Adjustable Gross Revenue (AGR) dues. Sources gave this information.

Sources said the commission’s meeting lasted for two hours. The next meeting of the commission is expected to be held soon. Officials of the Department of Telecommunications have consistently said that AGR is not a matter of discussion in the Commission meeting, but this meeting is about the implementation of the public-private partnership model in the Bharat Net project.

Such information has been received that no decision was taken in this meeting to give relief to telecom companies. Sources say that some more detailed information is needed to reconcile AGR figures.

The Commission’s meeting was attended by the Chief Executive Officer of NITI Aayog and senior officers of the Department of Telecommunications, including Secretaries of the Ministry of Finance, Ministry of Commerce and Ministry of Electronics and Information Technology. This commission is the apex decision making body in the telecom sector.

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