Business Standard

RELIEF PACKAGE

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► 100% FDI has been allowed in sector through automatic route

► About 80% reduction in bank guarantee requiremen­ts against licence fee and other similar levies

► Interest rates rationalis­ed, penalties removed with effect from October 1, 2021

► For auctions held henceforth, no bank guarantees will be required to secure instalment payments

► In future auctions, tenure of spectrum increased from 20 to 30 years

► No spectrum usage charge for spectrum acquired in future auctions

► No additional SUC of 0.5% for spectrum sharing

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