Regulators

'No rollback of FDI norms for print': Reddy

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/smartcrop_800x800/public/images/tv-images/2016/05/17/Jaipal%20Reddy_0.jpg?itok=bIQrR6sk

NEW DELHI: The government, today, stated there would be no rollback of foreign investment norms for the print medium, though a group of ministers (GoM) has been set up to study various aspects of this sensitive sector.

There is no intention to roll back the previous government's decision allowing 26 per cent foreign investment (in the print medium), information and broadcasting minister Jaipal Reddy told the Economic Editors conference, here today.

The reason for continuity: not to destabilise the investment framework. "We feel that the previous government had put in enough safeguards, which are being studied by a GoM along with a host of other related issues," the minister added.

The present Congres-led government had been opposed to opening up the print medium to foreign investments, which was an issue that was first debated and then acted upon by the previous Bharatiya Janata Party-led coalition government. "We have learned to live with it (FDI)," Reddy said when pointed out that he and his party vehemently opposed the issue.

However, Reddy said that no final view has been taken on allowing foreign institutional investors (FIIs) in news channel ventures. Various news channels in the country had been demanding that FII investments should be allowed in their respective parent companies, a la print medium.

"The (FII) issue is still being studied as we want to bring in a downlinking policy (first)," Reddy said without giving a time frame for enacting legislation in this regard. Ministerial sources, meanwhile indicated that the downlinking policy may take few weeks before a note could be readied for cabinet"s consideration.

On his pet topic of autonomy of Prasar Bharati, Reddy reiterated that some additional funding need to be generated if the pubcaster were to be really autonomous.

"Should the autonomy of Prasar Bharati (manager of Doordarshan and All India Radio) depend on the fancies of migratory ministers?" Reddy asked, hammering in a point that public had to chip in if public service broadcasting were to be kept alive in the country.

In the past, Reddy has suggested levying a one-time cess on every new radio and TV set sold in the country or levying an additional excise duty on radio and TV sets. "I am not proposing anything, but such a thing could help Prasar Bharati generate more money and reduce government funding," he added.

Latest Reads

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/05/23/trai.jpg?itok=_ClNPi1w
Third Madras high court judge gives TRAI tariff order thumbs up

The long-awaited judgment of the Madras High Court on the TRAI tariff order has been pronounced.

Regulators TRAI
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/05/23/Rajyavardhan-Rathore.jpg?itok=0YBf-GGz
Comment: 3 areas that new MIB minister Rathore needs to target

In a recent reshuffle of his cabinet colleagues and their portfolios initiated by PM Modi, a surprise move was not Ministry of Information and Broadcasting (MIB) minister Smriti Irani’s removal, but handing the independent charge of the portfolio to her till-now junior, Rajyavardhan Rathore.

Regulators I&B Ministry
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/05/22/mib.jpg?itok=LuDJB58f
MIB clears TV channel applications; Rathore calls for stakeholder meets

NEW DELHI: Within days of Rajyavardhan Rathore given independent charge of the Ministry of Information and Broadcasting (MIB) by the PM Modi-led government after removal of his senior Smriti Irani, the organisation has been galvanised into action. What’s more, important issues are being discussed...

Regulators I&B Ministry
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/05/21/telecom.jpg?itok=qyO4PF0v
MIB nudge to TV channels on content monitoring

NEW DELHI: Ministry of Information and Broadcasting (MIB) has cautioned 121 TV channels for not faciliatiing monitoring of content by government agencies as per existing regulations. Pointing out that as technical parameters were not being made available to the Electronic Media Monitoring Centre (...

Regulators I&B Ministry
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/05/21/MIB-800.jpg?itok=5bgU7xjS
Jaipal Reddy calls for doing away with MIB

MUMBAI: Junk the ministry of information and broadcasting (MIB). That’s the call that once MIB minister Jaipal Reddy - who held the portfolio during the Congress I regime in the previous decade - is giving these days.

Regulators I&B Ministry
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/05/18/amit.jpg?itok=tfxFiyGY
Amit Khare appointed as new MIB secretary

MUMBAI: Jharkhand state development commissioner and a whistle-blower civil servant Amit Khare has been named as the new secretary of the Ministry of Information and Broadcasting (MIB). He will take over from NK Sinha who is due to superannuate on 31 May 2018 after a comparatively quiet stint of...

Regulators People
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/05/16/Rajyavardhan-Rathore1.jpg?itok=7s_Tt_-Z
MIB's Rathore signals liberalised regime for online media

MUMBAI: Hardly 24 hours into his job and minister of state (independent charge) in the Information and Broadcasting ministry (MIB) Rajyavardhan Singh Rathore is saying things that could make him the industry’s and more specifically the independent media crowd’s darling.

Regulators I&B Ministry
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/05/15/dishtv.jpg?itok=i8UdO6qk
Prasar Bharati Board approves finalising FreeDish policy

The Prasar Bharati board, at a meeting held on Monday, decided to finalise the FreeDish policy. According to an Asian Age report, the public service broadcaster gave its approval to Doordarshan which operates the entity. The finalised version will be submitted to Ministry of Information and...

Regulators I&B Ministry
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/05/14/smriti.png?itok=JE4FV5TE
Smriti Irani moved out of MIB as Rajyavardhan Singh Rathore gets independent charge

MUMBAI: There’s change at the top at the ministry of information and broadcasting (MIB). Minister Smriti Irani has been moved out of her post and kept solely in charge of the textiles ministry. Replacing her is Rajyavardhan Singh Rathore - her minister of state - who has now been given independent...

Regulators I&B Ministry

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories