NEW DELHI: The Union Cabinet is likely to take up the AGR (Adjudted Gross Revenue) relief matter for Vodafone Idea on Wednesday, a measure that is seen as a lifeline for the loss-making telco, which has debt over of Rs 2 lakh crore. Vodafone Idea’s AGR dues are understood to be around Rs 83,000 crore, and the company had requested DoT for relief as it works out a revival plan. “The Vodafone Idea bailout issue is likely to be taken up by the Cabinet on Wednesday as govt works out ways to ease financial challenges that the company faces,” sources told TOI. The Cabinet is likely to give relief on interest and penalty levied on the company over to its AGR dues. The Supreme Court in Oct had agreed that the issue of AGR is well within the “policy domain” of the govt in view of these circumstances
