EGoM may be set up for telecom relief measures - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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EGoM may be set up for telecom relief measures

The government is also likely to request the Supreme Court to allow affected telcos to stagger payment of AGR liabilities over up to 20 years on net present value basis, at a reduced interest rate of 8%, against the 12% that is usually charged on dues, a senior government official told.

from Industry-Economic Times
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