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Indian govt to waive spectrum dues from own departments, over ₹6 lakh crore
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India’s Union Cabinet is likely to have approved a significant one-time waiver on spectrum dues, amounting to over ₹6 lakh crore, for government departments such as Defence, Railways, and Space, according to official sources. The waiver, however, will not extend to public sector units (PSUs) or private telecom players.
The proposed relief is aimed at waiving off penalty and nearly all interest charges on spectrum dues accumulated by these government departments. Under the new decision, the departments will be required to pay only the principal…
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