Cabinet Approves Vodafone Idea Relief: AGR Dues Frozen at Rs 87,695 Cr, 10-Year Repayment

• Union Cabinet approved a relief package for Vodafone Idea, freezing AGR dues at Rs 87,695 crore.
• The frozen dues are now payable over a 10-year period, from FY32 to FY41.
• AGR dues for FY18 and FY19 remain payable from FY26 to FY31 without change.
• This decision offers immediate financial relief to the debt-laden telecom operator.
• Despite the relief, Vodafone shares were down nearly 15% on NSE.

Why It Matters: Cabinet's relief package freezes Vodafone Idea's AGR dues, offering crucial financial respite.