English हिन्दी
Connect with us

India News

DoT to withdraw AGR related dues against PSUs.

The Supreme Court on Thursday has directed the Department of Telecommunications to consider payment proposals by telecom companies who must furnish their books of accounts and balance sheets of last 10 years to show their financial capacity.

Published

on

The Supreme Court on Thursday has directed the Department of Telecommunications to consider payment proposals by telecom companies who must furnish their books of accounts and balance sheets of last 10 years to show their financial capacity.

A three judge Bench of Justices Arun Mishra, Abdul Nazeer and MR Shah was hearing a plea of the Department of Telecommunications seeking NV staggered payment of AGR Dues by Telecom companies.

During the hearing today, the Court was informed that the Department of Telecommunications has decided to withdraw 96 per cent of the Rs 4 lakh crore demand raised against non-telecom PSU’s based on the Supreme Court’s October 2019 verdict that had altered the definition of Adjusted Gross Revenue (AGR).

Solicitor General Tushar Mehta stated that an affidavit has been filed explaining why AGR dues were raised against PSUs and 96% of Rs 4 lakh crore bill has been withdrawn. He also informed the Court that while the Telecom Companies have filed their response, the Department of Telecommunications needs some more time to file their response.

Senior Advocate Mukul Rohatgi appearing on behalf of Vodafone, submitted that the company’s position is extremely precarious and it is not in a position to give any fresh bank guarantee. It has already paid Rs 7,000 crore to the DoT. Over Rs 10,000 crore of bank guarantees are lying with the DOT, which should be considered as security. According to Rohatgi, payment of all the AGR can only be made through instalments over 20 years since the company can only earn and pay.

The bench responded to Rohatgi’s submission stating that Vodafone was a larger foreign player, and some amount must be deposited especially when during the pandemic the government needs this money. Senior Advocate Arvind Datar on behalf of Tata Teleservices, informed the Court that Rs 37000 crores has been paid, and the company has been hit by the pandemic.

Senior Advocate Dr AM Singhvi, appearing for the third telco Bharti Airtel, and informed that 18,000 crores out of over 21000 crores have been paid and bank Guarantees of Rs 10,800 crore is pending with the DOT.

The Supreme Court in its hearing last Thursday had directed the Department of Telecommunication to reconsider the claims raised on Public Sector Undertakings based on SC’s October 19 verdict regarding the telecom companies and their AGR dues, stating that the Court’s judgment could not be the basis for demands on PSUs.

The telecom companies were also asked to file affidavits regarding the time that they need to clear their dues. According to the Court, raising demand on PSUs based on the verdict for AGR wasn’t required since licenses of PSUs and telcos are of different nature, and PSUs don’t intend commercial exploitation.

The Department of Telecommunications moved an application before the Apex Court seeking permission to pay their AGR dues of 1.43 lakh crore according to the verdict, in a staggered manner over the time period of 20 years.

The Apex Court in April had already rejected pleas of the three telcos including Vodafone Idea, Bharti Airtel and Tata Teleservices seeking review of the October 2019 verdict of the Supreme Court that had widened the definition of AGR and directed the telcos to pay their dues.

India News

MK Stalin predicts frequent PM Modi visits to Tamil Nadu before assembly election

MK Stalin has said Prime Minister Narendra Modi will visit Tamil Nadu more often ahead of the Assembly election, calling the tours politically motivated and questioning the Centre’s support to the state.

Published

on

MK Stalin

Tamil Nadu Chief Minister M. K. Stalin has predicted that Prime Minister Narendra Modi will increase his visits to the state as the Assembly election, expected in April or May, draws closer.

Speaking ahead of the polls, the DMK president said the Prime Minister has already begun touring Tamil Nadu and is likely to visit frequently in the coming months. He claimed that such visits could create discomfort within the BJP-led National Democratic Alliance (NDA), as alliance partners may fear the political impact of repeated appearances.

Stalin calls visit politically motivated

The Chief Minister described the Prime Minister’s scheduled programmes in the state as “politically motivated”. PM Modi is set to attend various events in Madurai in southern Tamil Nadu, including the inauguration of the first phase of the AIIMS hospital project. He is also expected to visit the Thiruparankundram Temple amid the Karthigai Deepam-related controversy and participate in a public meeting organised by the NDA.

Stalin said he has been working for all sections of the population, including those who did not vote for his party. In contrast, he remarked that some leaders are visible in the state only during election time and increase their visits as polls approach.

Criticism over Union Budget allocations

The DMK leader also criticised the BJP-led central government, accusing it of neglecting Tamil Nadu. He pointed out that while approval was recently granted for the Gujarat Metro project, there were no major announcements or allocations for Tamil Nadu in the Union Budget.

Stalin asserted that voters would remember the lack of significant measures for the state. He framed the upcoming election as a contest between Tamil Nadu and the NDA, stating that the state should be governed from Fort St George in Chennai rather than from Delhi.

The ruling DMK is currently allied with several smaller parties and, at present, the Congress, as it seeks a third consecutive term in office. Its principal rival, the AIADMK, is aligned with the BJP as part of the NDA.

Continue Reading

India News

Shashi Tharoor questions Centre over Kerala name change to Keralam

Shashi Tharoor has criticised the Centre’s decision to approve renaming Kerala as Keralam, questioning its impact and pointing to the lack of major projects for the state.

Published

on

shashi tharoor

Congress MP Shashi Tharoor has criticised the central government over its decision to approve the renaming of Kerala as ‘Keralam’, arguing that the move prioritises symbolism over development.

Reacting to the Union Cabinet’s approval, Tharoor said that the state’s name has always been ‘Keralam’ in Malayalam and questioned the practical impact of introducing the Malayalam term into English usage.

“It has already been ‘Keralam’ in Malayalam. So now, a Malayalam word is coming into English. I don’t know what difference it makes,” he said, adding that the state has not received major projects such as an AIIMS or new institutions from the Centre. He also pointed out that no significant allocations were made for Kerala in the Union Budget.

In a separate post on X, Tharoor raised what he described as a “small linguistic question” about what residents of the state would be called if the name change is implemented. Referring to existing terms such as “Keralite” and “Keralan”, he remarked that alternatives like “Keralamite” sounded like a microbe and “Keralamian” like a rare earth mineral.

The Union Cabinet, chaired by Prime Minister Narendra Modi, cleared the proposal on Tuesday. The move comes ahead of the upcoming state Assembly elections, in which 140 members of the legislative assembly are to be elected. The poll schedule is yet to be announced by the Election Commission of India.

The state assembly had earlier passed a resolution seeking the change in official records. Chief Minister Pinarayi Vijayan had moved the resolution in 2024, urging the Union government to adopt the name ‘Keralam’ in all languages listed in the Eighth Schedule of the Constitution.

He had stated that the demand for a united Kerala for Malayalam-speaking people dates back to the national freedom movement.

Continue Reading

India News

Tamil Nadu potboiler: Now, Sasikala to launch new party ahead of election

Sasikala has announced the launch of a new political party ahead of the Tamil Nadu Assembly elections, positioning herself against AIADMK chief Edappadi K Palaniswami.

Published

on

In a significant political development ahead of the Tamil Nadu Assembly elections, expelled AIADMK leader V. K. Sasikala has announced that she will float a new political party and contest the polls by fielding her own candidates.

Speaking in Madurai before heading to Pasumpon for a public event, Sasikala said she would unveil her party’s flag later in the evening. She indicated that more details regarding the party’s structure and plans would be shared at the gathering.

The event venue carries political symbolism. Pasumpon is the birthplace of Thevar leader Muthuramalinga Thevar, and Sasikala herself belongs to the influential Thevar community in southern Tamil Nadu. The programme was held as part of birth anniversary events of former Chief Minister J. Jayalalithaa.

Direct challenge to EPS

Sasikala’s move is being viewed as a direct political challenge to AIADMK general secretary Edappadi K. Palaniswami (EPS). After Jayalalithaa’s death in 2016, Sasikala briefly took control of the party and had appointed Palaniswami as Chief Minister. However, following her conviction in the disproportionate assets case, she served a four-year prison term, and during that period, she was expelled from the party.

Palaniswami later aligned with O. Panneerselvam, whom Sasikala had earlier removed from the Chief Minister’s post. The two leaders subsequently adopted a dual leadership arrangement within the party and government.

Sasikala remains disqualified from contesting elections until 2027 due to her conviction. Nevertheless, she has stated that she intends to field candidates under her new party banner.

Fragmented Thevar vote base

Over the years, expulsions within the AIADMK — including Sasikala, her nephew TTV Dhinakaran and O Panneerselvam — have led to divisions within the Thevar support base. Political observers have linked this fragmentation to the party’s weakened electoral performance in the elections following Jayalalithaa’s passing.

While Dhinakaran has returned to the NDA fold, reports suggest Palaniswami is opposed to any arrangement that includes Sasikala or Panneerselvam. OPS, meanwhile, has exited the NDA.

Sasikala has repeatedly criticised Palaniswami, describing him as a betrayer, while he maintains that his leadership stems from the support of AIADMK legislators rather than her backing.

The AIADMK has not issued an official statement on Sasikala’s announcement. However, a senior party leader questioned her political standing, pointing out her disqualification from contesting elections and referring to legal issues linked to Jayalalithaa’s death.

With the Assembly polls approaching, Sasikala’s re-entry into active politics could further complicate the opposition space in Tamil Nadu and influence electoral calculations, particularly in the southern districts.

Continue Reading

Trending

© Copyright 2022 APNLIVE.com