Categories: Business

Cabinet Register Call on the Telecommunications Package

New Delhi: Packages for the sick telecommunications industry cannot be removed by the Union Cabinet on Wednesday, waiting for legal opinions, said the source, adding that this problem is likely to be taken soon, maybe at the next meeting.
One source said this problem was put forward at a cabinet meeting on Wednesday morning, following the Hectic Parley between various government wings to collect a resurrection package in a bad view of this sector, especially the idea of ​​Vodafone, which seems to be on the verge of collapse.
“It is decided that legal opinion needs to be taken to certain policy decisions, and thus the problem is suspended,” said the source.
Telecommunication Secretary Anshu Prakash held a meeting with high-ranking officials in service as a department to work overtime in its efforts to treat the industry back to health, while also allowing Vodafone ideas to recover.
The telecommunications package has been in a hurry as the idea of ​​Vodafone threatens to experience financial misery, developments that can produce large losses for demonstrations.
Debt Vodafone ideas around Rs 1.8 lakh crore, most of the government payable.
The government offers a bailout because you want to avoid duopoly in the telecommunications sector.
It seems that the presence of Vodafone ideas ensures adequate competition in this sector.
Who has other personal players like Reliance Jio and Bharti Airtel.
Prakash and senior officials from the Telecommunications Department have made a presentation at the Prime Minister’s office (PMO), in front of preparing a note for the Cabinet’s consideration.

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