Withdrawing demand of around Rs 4 lakh crore AGR related dues raised against PSUs: Centre tells SC
In a major development in the matter of adjusted gross revenue (AGR) dues of telcos, Centre has told the Supreme Court that it is withdrawing demand for 96 per cent of around Rs 4 lakh crore AGR related dues raised against PSUs.
Earlier, on June 11, the Supreme Court had asked the Department of Telecommunications (DoT) to reconsider within three days its demand seeking Rs 4 lakh crore. Reuters photo