A telecom crisis, once again

An implosion of the sector will have economy-wide ramifications. This is the last thing India needs now

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Illustration: Ajay Mohanty

Rahul Khullar

5 min read Last Updated : Mar 03 2020 | 5:13 PM IST

October 2019: The Supreme Court (SC) upholds the government’s definition of gross revenues (GR) and directs telcos to cough up trillions of rupees in arrears, interest and penalty. On February 14, 2020, the SC fulminates at non-compliance of its orders. The government scurries for cover and asks telcos to pay their dues by midnight. Telcos make some payments over the next week. A flurry of meetings between telecom chieftains, ministers and top government officials follows. Four months have elapsed and no solution appears to be in sight.

Senior journalists, lawyers and telecom sector experts have criticised the SC rulings as

Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

Topics : telecom services Department of Telecommunications telecom sector Supreme Court Gross domestic product GDP GAIL Non-performing assets

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