The Telecom companies have requested the finance minister to provide relief package. According to the telecom companies, due to Corona and lockdown, the telecom companies have been badly affected, the government should help them.
Telecom companies contend that the condition of the companies has deteriorated due to the lockdown. The supply chain and cash flows of telecom companies have been badly affected by the 21-day lockdown across the country. In such a situation, the telecom companies have demanded the government to provide liquidity immediately.
Telecom companies have demanded the government to return the GST input credit. Also, these companies have demanded loans at cheaper rates. Telecom companies say that the government should cut spectrum usage charges. Reduce government spectrum usage charge to 3%.
The telecom companies in their wishlist have also demanded a reduction in the contribution to the Universal Service Obligation Fund. Companies say that the government should reduce the contribution to the Universal Service Obligation Fund from 5% to 3%. Also, charge less GST on license and spectrum usage charges.