Regulators

Finance Ministry mulling over giving infrastructure status to broadcasting: Naidu

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NEW DELHI: The Finance Ministry is expected to shortly take a decision on giving the status of infrastructure to the broadcasting industry.

Information and Broadcasting Minister M Venkaiaih Naidu told the Rajya Sabha that his Ministry had already forwarded its point of view to the Finance Ministry after examining the issue.

He said that the Indian Broadcasting Foundation (IBF) made this demand earlier this year.

The demand was in the Pre-Budget Memorandum for Union Budget 2016-17 requesting for grant of Infrastructure status to Broadcasting Industry.

The Department of Economic Affairs which is the Finance Ministry is considering the matter for an appropriate decision, Naidu said.

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