Prasar Bharati running short on cash

Prasar Bharati Corporation, the autonomous body modelled on the UK pubcaster BBC and overseeing the work of Doordarshan (DD) and the All India Radio (AIR), is facing a cash crunch and will move the government to release the funds allotted to it. 

Admitting this fact, a senior Prasar Bharati Corporation official told, "There is a cash flow problem and we are taking up this issue with the government." 

According to the Corporation official, who is also part of the governing body, Prasar Bharati has mooted a proposal that it will sign a memorandum of understanding with the government to get released the grant-in-aid to it in two tranches. "This will ease the financial problems which the Corporation has been facing for quite some time now 

Though the official denied any knowledge of non-payment of dues for work which had been sourced from outside, Prasar Bharati insiders did reveal to that the funds crunch has resulted in arrears piling up. 

For example, the insiders said that casual reporters working for DD have not been paid their remuneration or get the payments late. Casual reporters are paid at the rate of Rs 750 per day and cannot be employed for more than ten days in a month.

Similarly, it is also said that DD had contracted an outside agency to act as its research division and undertake research work for various reports, analysis and news features for which payment is pending. 

However, several efforts made by indiantelevision to elicit a response from the persons concerned who undertake research activities for DD proved futile.

But there is no denying the question that Prasar Bharati, partially on an expansion mode under chief executive KS Sarma, who is now slightly over three months old in the Corporation, is facing a cash flow problems. 

Armed with a Rs 1000-million kitty for sourcing fresh programming, the Corporation will also soon start commissioning and buying programmes outright. "If we find, for example, a serial good then the Corporation will buy out the rights for it outright," the official said. 

The issue relating to finances and other matters will be discussed by the Prasar Bharati Corporation board meeting slated to be held on 3 July.

There is also a proposal to re-launch DD News, closed down earlier this year on 26 January after over 18 months of existence. But whether this will find favour with the board members and also the government, which still retains control over the Corporation indirectly, is still to be seen.  

Latest Reads
US$ 4.5 bn expected from IPL rights; SC recommends accounts scrutiny

The Supreme Court on Friday froze all financial transactions between the BCCI and state cricket associations by directing the apex body not to disburse any funds till it resolves to abide by the Justice RM Lodha panel recommendations on reforms by 3 December . The top court ordered that none of...

Television TV Channels Sports
TVS Tyres is co-presenter for Asian Champions Trophy 2016

Continuing its strong connect with sports, TVS Tyres has associated with Asian Champions Trophy 2016 by becoming the co-presenter. The Asian Champions Trophy is one of the premier hockey tournaments, a much sought after annual international competition promising some great hockey action. This...

Television TV Channels Sports
Q2-17: Zee Learn declares maiden interim dividend

The board of directors of the Essel group’s education company Zee Learn Limited (ZLL) have declared a first time ever dividend of 5 percent per equity share of Re 1 each for the quarter ended 30 September 2016 (Q2-17, current quarter).

Television TV Channels Factual & Documentary
Whether BARC action can stop unethical practices?

Whether businesses and industries practice their art of selling fairly although they have 'Fair Practices' training during the academic courses, workshops and several ISO and other certifications? There seems to be the fear of the lawman, and not the law in India.

Television TV Channels Viewership
TV Superhighway: beIN, Yaddo, AfricaXP have joined us, says Magine CEO Ambuj Goyal

CANNES; Magine has secured partnerships with four of the industry’s most exciting sports, documentary and entertainment content providers. Partnerships with beIN, the international media group and owner of MIRAMAX; Yaddo, the new documentary streaming service headed up by former head of The BBC’s...

Television TV Channels Factual & Documentary
Colors emerges strong on strength of Naagin I & II

MUMBAI: One of the top rated shows Naagin Season 2 helped Colors reach a top-ranking position.

Television TV Channels GECs
Pakistan Broadcasters Association to oppose PEMRA Indian content ban

MUMBAI: The Pakistan Electronic Media Regulatory Authority (PEMRA) shocked both Pakistan and Indian broadcasters when it issued an order blanking out  all Indian content from Pakistan’s television channels on 19 October.

Television TV Channels GECs
Sony Pix to telecast 'Jurassic World' on 22 October

Sony Pix will take the viewers on a thrilling, adventurous journey with cloned dinosaurs in their Billion Dollar Premiere property. The channel plans to air Jurassic World on 22 October at 1 pm and 9 pm.

Television TV Channels English Entertainment
Sony AXN scripts deal with Pinewood; buys stake in SVOD service Hopster

Folks at Sony Pictures Television (SPT) are in a celebratory mood. Not only has it signed a six-series deal with Pinewood Television but has also acquired a minority stake in the London-based video subscription service for kids content - Hopster.

Television TV Channels English Entertainment

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories