The telecom industry is in
turmoil unable to pay up its dues as per the Supreme Court verdict on
adjusted gross revenues delivered in October last;
Faced with the wrath of the
Court, Bharti Airtel paid ₹10,000 crore on Monday with the
promise of paying the rest before mid-March when the court will hear the
If Vodafone shuts shop, not
only will the industry be reduced to a duopoly, with all the attendant
consequences for customers but it will also lead to loss of about 15,000
direct jobs and several thousand more indirect ones.
Worse, the cascading effect
will be felt across the economy as lenders face the consequences of the
company going bankrupt — nonperforming assets will rise
The government has to,
therefore, examine what it can do to save the situation without
disrespecting the Court’s verdict
Why in news?
The Supreme Court has
delivered a sharp rebuke to the government by asking it to adhere to its
own stated policy, articulated on February 25, 2019, on granting
permanent commission to women in the Short Service Commission (SSC)
Though women are absorbed
into the SSC, they are now denied permanent commission in most branches of
the Indian Army.
It was submitted that
deployment of women officers was not advisable in conflict zones where
there was “minimal facility for habitat and hygiene”.
Yet, the government admitted
to the Court that 30% of the total number of women officers are in fact
deputed to conflict areas.
In directing the government
to grant permanent commission to those women who opt for it, in 10
branches of the SSC, and by ordering the government to level the playing
field, the Court has forced acknowledgement of the sterling role women
have played and continue to play, shoulder to shoulder