Brief by Shorts91 Newsdesk / 11:11am on 31 Dec 2025,Wednesday Business
The Union Cabinet on 31 December 2025 approved a major relief package for debt-ridden telecom firm Vodafone Idea, freezing its adjusted gross revenue (AGR) dues of ₹87,695 crore and granting a five-year moratorium on payments. The dues will now be rescheduled for payment over a 10-year period from FY2032 to FY2041, with the Department of Telecommunications to reassess the frozen amount under audit guidelines. AGR liabilities for FY18 and FY19 remain payable under existing schedules. The move aims to bolster Vodafone Idea’s financial stability, protect the government’s stake, and maintain competition in the telecom sector. Shares fell sharply on the news.
