For years, the telecom industry helped successive governments line up
their coffers. Now, things have come full circle, with the Prime
Minister Narendra Modi-led government working on a relief package for
the industry. While the exact nature of the relief package is still
being worked out, reports suggest there are four options on the table: a
reduction in license fees from the current level of 8% of adjusted gross revenues (AGR);
a waiver of penalties and interest on past dues; a reduction in
interest rates to market-linked rates; and a moratorium on dues.
At a time when Reliance Jio is charging 6
paise per minute for making calls to other operators, state-owned
telecom operator BSNL is giving away 6 paise, in the form of cashback,
for every five minutes of voice calls placed by the users.