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Cabinet Freezes Vodafone Idea AGR Dues at ₹87,695 Crore, Payments Shift to 2031–41

A binding DoT-led reassessment will now determine the final liability.

Overview

  • The dues as on December 31, 2025 will be rechecked under Deduction Verification Guidelines, with a government-appointed committee’s decision binding on both sides.
  • No waiver has been granted, and AGR amounts for FY18 and FY19 remain payable in FY26–FY31 under previously set terms.
  • Sources also indicated a five-year moratorium before interest resumes, with the freeze holding until FY32.
  • Officials said the move aims to preserve sector competition, protect the government’s roughly 49% stake, and safeguard about 20 crore Vodafone Idea users.
  • Shares fell sharply after the announcement, hitting a 15% lower circuit, and formal detailed notifications and a company statement were still awaited; reports suggest the committee may be formed in about six to eight months.