India needs legislature to address telecom AGR dues
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 [...]