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Chandra, in his address at the valedictory session of Frames 2004,
asked for a liberal programming code for channels, while also urging
copyright protection laws. Chandra said his estimates for the media
and entertainment sector in India are close to Rs 20,000 crore,
a figure that differs substantially from the figure put out by the
Ernst and Young report put out by Ficci on the first day of the
convention. An additional Rs 20,000 crore will flow in if piracy
is curbed, he said.
"Today television is the fourth necessity in this country after
roti, kapda and makaan (food, clothing and shelter)," Chandra
said. It is the unregulated nature of this industry that has taken
the industry thus far, he said. The situation in India is quite
different from the US, where the industry is far more tightly controlled
that normally assumed.
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