Reliance Jio's free offers cost the govt ₹800 crore: Reports
Mukesh Ambani-led Reliance Jio's free offers have cost the government nearly ₹800 crore in revenue, according to reports. Telecom Secretary JS Deepak reportedly wrote to TRAI explaining how government revenue from licence fee fell from ₹3,975 crore in June quarter to ₹3,186 crore in December quarter. He also asked TRAI to restrict the 'promotional tariffs' period offered by telecom companies.