Supreme Court

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India needs legislature to address telecom AGR dues

2020-05-11T04:20:06+00:00March 27th, 2020|2020, India Inc Views - India Global Business, Last Word, North America Edition – 27 March-09 April 2020, UK Edition – 27 March-09 April 2020|

Rather than allow a crucial sector like telecom to sink, the government should bring in legislation to override the orders of the Supreme Court. The Indian Supreme Court has threatened to slap contempt of court proceedings against officials of the Department of Telecom (DoT) and senior executives of private telecom companies for not following its orders on the payment of aggregate gross revenue (AGR) dues that have accumulated over two decades to about $21 billion. The issue lies in a [...]