RELIEF PACKAGE

► 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