Friday, September 24, 2004

"Broadband sops are heavy burden on the government exchequer."

The Business Standard has a story "Broadband players unlikely to get sops":
"...“The Finance Ministry is unlikely to allow these benefits to broadband providers, as this will put a heavy burden on the government exchequer,” a senior Department of Telecommunications (DoT) official told Business Standard. ..."
So, what's this "heavy burden"? This is the figure that the story gives:
"... These fiscal sops, if implemented, will result in a Rs 200-crore revenue loss to the government."
Is this a joke?


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