AGR Dues: Vodafone Idea does not respond over dues, Airtel asks for time

Feb 15 2020 04:44 PM
AGR Dues: Vodafone Idea does not respond over dues, Airtel asks for time

On Friday, the Supreme Court reprimanded India's telecom companies, saying that arrears of Adjusted Gross Revenue (AGR) were not yet paid after the order. Following this scandal of the Supreme Court on AGR, DoT had ordered Bharti Airtel and Vodafone Idea to pay AGR dues by midnight on Friday, but no telecom company, ignoring this order, did not pay AGR Have done Apart from this order of DoT, Bharti Airtel has said that it will deposit Rs 10,000 crore by 20 February and the full payment of the outstanding amount will be made by 17 March 2020, while Vodafone Idea has not released any statement yet. 

For your information, let us tell you that Bharti Airtel owes Rs 35,586 crore and Vodafone Idea owes Rs 50,000 crore. According to a report by a media reporter, Telecom Minister Ravi Shankar Prasad on Friday met Prime Minister Narendra Modi on the matter and discussed the outcome of the Supreme Court's decision on AGR. Along with this, the Supreme Court on Friday annoyed the telecom companies for not paying the Adjusted Gross Revenue (AGR) of about Rs 1.5 lakh crore despite the order.

Should we close the Supreme Court? A bench of Justices Arun Mishra, Justice S. Abdul Nazir and Justice R. Subhash Reddy issued notices against MDs and CMDs of all telecom companies including Vodafone-Idea, Airtel asking why not take contempt action against them? With this, the bench summoned the CMD and MD of these telecom companies and said clearly, you will have the last chance to follow the court order and be prepared to bear the consequences if they fail. The bench said, under all circumstances, all types of corruption should stop. This is the last chance and also the last warning. Along with this, the bench said that the telecom companies have not respected the order of the apex court.

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