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Setback for telcos as Supreme Court holds telecom licence fee 'capital in nature'
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Supreme-court-onSupreme-courtNew-telecom-policyFormer prime minister Atal Bihari Vajpayee is regarded by some as the father of India s second-generation economic reforms. He had launched the ambitious Golden Quadrilateral and Pradhanmantri Gramin Sadak Yojana projects, kicking off infrastructure buildup in the country. Vajpayee also established a department of disinvestment to privatize public businesses and launched a telecoms revolution through the New Telecom Policy.
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