The inter-ministerial group (IMG) looking into the financial stress in the telecom sector is likely to give a report in 20 days, says minister Manoj Sinha.
This is to be placed before the Telecom Commission, highest decision-making body of the Department of Telecommunications (DoT).
According to sources, the IMG's draft report is ready. Extending the deferred payment schedule to 16 years, a cut in interest rates and converting the PLR (prime lending rate) into the MCLR (marginal cost of funds-based lending rate) are among the measures being considered.
The stress in the sector intensified after Reliance Jio launched last September, with deep discounts
