AGR: NITI Aayog does a flip-flop on minimum floor price for telcos

Amitabh Kant claimed that fixing a floor price is in "national interest" and would ensure that the sector is provided with much needed relief measures

Less than a week after NITI Aayog sent its comments to the Telecom Regulatory Authority of India (Trai) opposing any kind of floor price for data or voice tariffs, it has said in another letter that it stood “for” putting in place a minimum floor price.
 
In a letter dated February 28, Archana G Gulati, joint secretary at the government think tank, said that the consultation paper itself highlighted the fact that market interventions in the form of price controls, such as the proposed minimum floor price, are likely to disincentivise competition, cost efficiency, price, and quality parameters and