Government mulls AGR relief for Vodafone Idea
The government is taking a closer look at the Supreme Court's recent move allowing the government to reconsider Vodafone Idea's additional AGR dues for 2016-17—a relief that applies only to them, not other telecom players.
With the government owning nearly half of Vodafone Idea and the company serving almost 200 million users, this decision could have a big impact.
AGR dues and market reaction
Vodafone Idea still faces over ₹36,000 crore in total dues, but the court's order offers relief on just ₹5,600 crore.
After the news broke, their shares dropped as much as 12.4% intraday, showing investors are nervous about its future.
The final call from the government will shape not just Vodafone Idea's fate but also how stable your mobile network choices remain in India—especially since other big operators like Airtel aren't getting similar help.