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Parliament panel wants govt to slash levies on debt-ridden telecom companies

The panel, headed by former law minister Veerappa Moily, also wants sharing of networks among all telecom companies.

business Updated: Jan 01, 2018 23:21 IST
Saubhadra Chatterji and Navadha Pandey
Saubhadra Chatterji and Navadha Pandey
Hindustan Times, New Delhi
Telecom,telecom companies,Levy
This is to ensure faster expansion of telecom and digital networks.

A parliamentary panel wants the government to slash levies on telecom companies to ensure faster expansion of telecom and digital networks, which is essential for the success of the Digital India programme.

The parliamentary standing committee on finance, in a draft titled Transformation towards a digital economy, says: “Festering issues relating to the debt-ridden telecom sector (which is relatively in the nascent stage) with a levy imposed in the range of 25-29% of revenue, require to be squarely addressed on urgent basis. All hurdles on this count should be removed forthwith so that telecom/digital network can expand fast while ensuring service quality to the public.”

The panel, headed by former law minister Veerappa Moily, also wants sharing of networks among all telecom companies, including those in the public sector, and “right of way” from state agencies for telecom service providers while building their infrastructure.

First Published: Jan 01, 2018 22:57 IST