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100% FDI for Telecom sector; read the major announcements of Modi govt here

100% FDI for Telecom sector; read the major announcements of Modi govt here

Zee News
Thursday, September 16, 2021 5:01 AM GMT

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.

 

Read full story on Zee News
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