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Home»NEWS»BSNL and MTNL now have Rs 10,000 crore AGR outstanding, Department of Telecom informed
NEWS

BSNL and MTNL now have Rs 10,000 crore AGR outstanding, Department of Telecom informed

Bhagyashree SoniBy Bhagyashree SoniApril 9, 2021No Comments2 Mins Read
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BSNL and MTNL now have Rs 10,000 crore AGR outstanding, Department of Telecom informed
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According to the assessment of the Department of Telecommunications, as of FY 2016-17, AGR outstanding over BSNL was Rs 5,835 crore and in case of MTNL it was about Rs 4,352 crore.

Public sector telecommunications companies

Public sector telecom companies Bharat Sanchar Nigam Limited (BSNL) and Mahanagar Telephone Nigam Limited (MTNL) have not yet paid arrears of Rs 10,000 crore towards adjusted gross revenue (AGR) items. Official sources gave this information. According to the assessment of the Department of Telecommunications, as of FY 2016-17, AGR outstanding over BSNL was Rs 5,835 crore and in case of MTNL it was about Rs 4,352 crore. This includes interest on penalties, fines and fines.

According to the official source, BSNL and MTNL have not paid any amount towards the AGR dues. Last year, the Supreme Court had directed the telecom operators to pay 10 per cent of the total dues by 31 March 2021 as per the demand of the Department of Telecommunications by 31 March 2021.

BSNL and MTNL were not parties to the AGR case in the Supreme Court. But in the list of companies in the AGR dues case of the Department of Telecommunications, the names of the public sector telecom companies were there.

These companies owed so much

According to the government’s estimate, the total AGR liability on Bharti Airtel is Rs 43,980 crore, Rs 58,254 crore on Vodafone Idea, Rs 16,798 crore on Tata Group, 189.22 crore on Quadrant Televentures. Rs, 195 crore on Reliance Jio, Rs 12,389 crore on Aircel, Rs 25,194 crore on Reliance Communications (including Sistema Shyam) and Rs 1,376 crore on Videocon Telecom .

Closed business in India

604 crore were jointly owed to Loop Telecom, Etisalat DB and S Tel (S Tel), which closed their businesses in India.

Companies paid dues

According to official figures, out of the total demand of Bharti Airtel, Rs. 18,004 crore, Vodafone Idea Rs. 7,854.37 crore, Tata Group Rs. Com has given Rs 4.69 crore and Etisalat DB has given Rs 8.4 crore (through liquidator).

read this also- Indian Railways: 4 Shatabdi will run from April 10, a Duronto and a Humsafar special train, learn routes and time table

read this also- 7th Pay Commission: Good news for government employees! DA will get full benefit from July 1

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Bhagyashree Soni
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Bhagyashree Soni is a software engineer with soft writing skills. She is a degree holder from the International School of Entrepreneurial Leadership. She has been a state-level badminton champion and chess player. A woman with a forthright attitude enjoys her writing passion as her chosen career. Writing in the context of feminism, social-cause and entreprenurship is her forte.

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