100% FDI for Telecom sector; read the major announcements of Modi govt here
Zee News
The Union Cabinet, which cleared the big-bang reforms, approved a massive relief package for the telecom sector that includes a four-year moratorium on payment of statutory dues by telecom companies as well as allowing 100 per cent foreign investment through the automatic route.
NEW DELHI: In a big boost to the cash-strapped telecom sector, the Centre has announced major reforms that are likely to usher the telecom industry into a new era, push investment and reduce the debt burden.
The Union Cabinet, which cleared the big-bang reforms on Wednesday, also approved a massive relief package for the telecom sector that includes a four-year moratorium on payment of statutory dues by telecom companies as well as allowing 100 per cent foreign investment through the automatic route.
