Govt panel constituted to look at relief package for telcos disbanded

In October, the government had constituted a CoS, headed by Cabinet Secretary Rajiv Gauba, to explore a financial bailout package for the telecom sector

The committee of secretaries (CoS), constituted last month to explore a financial bailout package for the telecom sector, has been disbanded, said a government source on Monday. On the issue of applicability of the Supreme Court's adjusted gross revenue (AGR) ruling on other service providers like ISPs, the source said while these cases were separate and such players were not party to the cases, they still have obligation to pay their statutory dues.

Asked if the CoS has been disbanded now, the source replied in affirmative. On whether a new inter-ministerial panel could be constituted for ironing out other outstanding issues,