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After the announcement came in Parliament, a senior I&B ministry
official told indiantelevision.com that though the NK Singh panel
had suggested raising the FDI cap to 49 per cent in DTH ventures
and some of the suggestions were discussed by a group of ministers
last week," DTH was never part of that day's agenda."
"We also feel that the minister is not in any hurry to overturn
any decision or stand taken by his predecessor," the official said.
Swaraj had, in fact, told journalists late last year that under
her the I&B ministry had rejected the Singh panel recommendation
on DTH.
On whether government proposes to put in place a regulatory system
to ensure licence for DTH is granted to a foreign company which
keeps an Indian company as a dummy, Prasad said I&B ministry regulates
grant of licence for these services.
Still, it is also a fact that the files relating to permission
sought by Space TV and ASC Enterprises Ltd for DTH licences have
been lying with Prasad for the last fortnight waiting for a stand
to be taken by him on the issue.
"It is in fact quite frustrating to know that the files are with
the minister and no decision is being taken on DTH," a senior executive
of one of the applicant companies said.
As per existing guidelines, total foreign investment including
FDI/Non-resident Indian/Overseas Corporate Bodies/Foreign Institutional
Investors in DTH broadcasting shall not exceed 49 per cent within
which the FDI component shall not exceed 20 per cent.
Meanwhile, Prasad also informed the house that the government was
considering a proposal to review the present norms permitting foreign-owned
news channels to uplink from India.
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