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Cabinet may consider relief package for telecom sector on September 15

live bse live nse live Volume Todays L/H More × The relief package under consideration includes telecom firms getting an option to convert interest on spectrum dues of the four-year moratorium period into government equity, three sources with the knowledge of the development said. Some within the government are, however, questioning using taxpayer money to bailout telcos who had failed to provision for statutory dues during the pendency of legal cases. Sources said that the measures will be prospective, and will pave the way for reforms in the sector.

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