Adjusted Gross Revenue Current Affairs, GK & News
Adjusted Gross Revenue
Adjusted Gross Revenue (AGR) is a fee sharing mechanism. Under this, the telcos pay a usage fee to the Government. AGR Under AGR system, the revenue is shared between the telcos and the government. These telcos are those companies that shifted from fixed license fee model to revenue sharing fee model in 1999. Background The ..
Indian Government Majority Stake in Vodofone
The Vodofone recently announced that its board members have given permission to convert the Adjusted Gross Revenue dues to equity. With this GoI will now have 35.8% of share in Vodofone company. This makes it the largest shareholder of Vodofone. Background The Vodofone had to pay Rs 58,254 crores of Adjusted Gross Revenue to the ..
Month: Current Affairs - January, 2022
Category: Economy & Banking Current Affairs
Topics: Aditya Birla Group • Adjust Gross Revenue • Adjusted Gross Revenue • AGR • Bharti Airtel • Department of Telecom(DoT) • Department of Telecommunication • Equity • Mukesh Ambani • Reliance Jio • Shareholders • Spectrum licensing • Supreme court • TDSAT • Vodofone Idea
Adjusted Gross Revenue (AGR) Judgement
The Supreme Court has allowed 10 years for staggered payment of AGR dues. The court also observed that contempt proceedings will begin in case of non-payment of installment. Every year by 7th February, payments have to be made. What is AGR issue? The telecom sector was liberalized under the National Telecom Policy, 1994 after which ..
Month: Current Affairs - September, 2020
Category: Economy & Banking Current Affairs
Topics: Adjusted Gross Revenue • National Telecom Policy • supreme court judgement • teleom sector