Vodafone Idea Gets 87,695 Crore Relief: Govt Grants 5-Year AGR Moratorium

• Government grants Vodafone Idea a 5-year moratorium on its 87,695 crore Adjusted Gross Revenue (AGR) payment, benefiting 20 crore customers.
• The payment, originally due by December 31, 2025, is now rescheduled for financial years 2032 to 2041, providing a 15-year window.
• A government-appointed panel and the Department of Telecommunications will review and re-evaluate the outstanding AGR amount.
• The relief aims to prevent a telecom sector monopoly, maintain competition, and protect the interests of 20 crore consumers and 18,000 employees.
• This decision also secures the government's 49% stake in Vodafone Idea, following previous equity conversions worth 37,000 crore.

Why It Matters: Govt's 87,695 crore AGR relief to Vodafone Idea ensures competition and protects 20 crore customers.