Telcos' AGR dues: Will decide after hearing from DoT, says FM Sitharaman

Addressing a press conference in Bengaluru, Sitharaman said: "In light of court's orders, the department is engaging with telecom companies after the reviews and I will wait to hear from the dept"

Finance Minister Nirmala Sitharaman on Monday said that the Centre would wait to hear from the department of telecommunications (DoT) before reacting on the ongoing crisis in the sector. The statement comes hours after the Supreme Court rejected telecom firm Vodafone Idea's proposal to pay Rs 2,500 crore by the end of the day and Rs 1,000 crore by Friday towards Adjusted Gross Revenue (AGR) dues. 

Addressing a press conference in Bengaluru, Sitharaman said: "In light of court's orders, the department is engaging with telecom companies after the reviews and I will wait to hear from the department to take