Vodafone Idea: Govt Proposal May Halve AGR Dues, ₹52,000 Cr Relief

• Vodafone Idea (Vi) may receive a significant government relief package for its Adjusted Gross Revenue (AGR) dues, potentially halving its total liability by up to ₹52,000 crore.
• The proposal includes a new 4-5 year moratorium on AGR payments, with principal repayment possibly starting around 2030.
• A high-level committee would determine the final AGR liability, potentially waiving a large portion of interest and penalties, and eliminating future compound interest.
• This relief aims to maintain a 3-player telecom market and protect the government's 49% stake in Vi, which stated it might not survive beyond FY26 without support.

Why It Matters: Potential AGR relief could save Vodafone Idea, maintaining telecom competition.