Parliamentary Committee regrets 17 years’ delay in transferring land resources to Prasar Bharati

NEW DELHI: A Parliamentary Committee has said that it finds it “very hard to believe that even after a lapse of 17 years, the Centre has not formulated the terms and conditions of transfer” of certain property and assets to Prasar Bharati help the pubcaster monetize these.

Since Prasar Bharati needs funds, and monetization of land can provide the much needed revenue, the Parliamentary Standing Committee for Information Technology, which also examines Information and Broadcasting, has suggested that “while complete inventorisation is undertaken, simultaneous efforts may be made to unlock the value of a few select identified properties as a ‘pilot case.’”

The Committee had been given to understand that Prasar Bharati had submitted certain proposals to the Ministry for monetization of available land resources for garnering revenue, which could be effectively utilized by them for development purposes.

However, these proposals are yet to be approved by the Ministry pending fulfillment of procedural formalities required under provisions of the Prasar Bharati Act 1990.

Under Section 16 of the Prasar Bharati Act, all property and assets shall stand transferred to (Prasar Bharati) on such terms and conditions as may be determined by the Central Government and the book value of all such property and assets shall be treated as the capital provided by the Central Government to the Corporation, on the terms and conditions to be determined by the Central Government.

Noting that the Cabinet approved the proposal for financial restructuring of Prasar Bharati in September 2012, the Committee has expressed surprise that no action has been taken as yet.

According to the Ministry, the Cabinet decision/approval has to be effected on issue of formal transfer order spelling out the terms and conditions after completion of inventorisation of all assets under them.

Latest Reads
Comedy Central sets pace for ultimate celebration with over 100 hours of non-stop FRIENDS ultra marathon for its 6th birthday

Birthdays and New Years are great occasions to make resolutions for participating in marathons. However, this is one marathon which calls for hanging up your running shoes and grabbing the best spot in front of the telly with a bowl of munchies to keep you going because, for the first time ever in...

Television TV Channels English Entertainment
U Sports launches India's first ever Multi-Platform Multi-Game E-Sports Championship - U Cypher with MTV

The Indian E-Sports scenario is all set for a major revamp as U Sports, one of India’s biggest sports business companies in association with India’s No. 1 Youth Brand, MTV, announces the premiere of their all new month-long championship, U Cypher with MTV. Premiering today, on 19th January, the...

Television TV Channels Sports
TV ownership increased by 14% in 2017: IRS

After a gap of four years, the Indian Readership Survey (IRS), which documents the growth of the media industry, has been released for 2017. The survey methodology was criticised in 2014 and, therefore, was halted for an upgrade. This time, the sample size has been increased by 34 per cent to 3.2...

Television TV Channels Viewership
CNN-News18 launches 'If I Were FM Challenge'

As part of its Budget programming, CNN-News18 is launching the ‘If I were FM Challenge’. The campaign will encourage viewers to contribute their suggestions for the Union Budget. The channel will run an extensive on-air campaign to promote the same.

Television TV Channels News Broadcasting
BBC World News to Broadcast 'China's Chat Girls'

Lele Tao is an internet superstar in China’s $3 billion dollar ‘live streaming’ industry. With more than a million fans she can earn thousands of dollars a day singing, dancing, flirting, or often just chatting into her webcam. Fans buy her virtual gifts which she redeems for cash. In return she...

Television TV Channels News Broadcasting
PKL season 6 and 7 dates announced

The second most watched domestic league in India, Vivo Pro Kabaddi League owned by Mashal Sports and Star India announced the dates of sixth and seventh season.

Television TV Channels Sports
Star Bharat leads Hindi GEC (U+R) in week 2 of BARC ratings

MUMBAI: Star Bharat emerged as the leader in the Hindi GEC (U+R) genre dethroning Zee Anmol according to Broadcast Audience Research Council (BARC) all India data for week 2 of 2018.

Television TV Channels Viewership
BARC week 2: Aaj Tak leads Hindi News in all three markets

MUMBAI: Republic TV continues its leading streak in the second week of the year as well in BARC All India ratings. News Nation stays in the top five chart in week 2 of 2018 in Hindi News Rural market. Aaj Tak tops the chart again in Hindi News Urban market.

Television TV Channels Viewership
Dsport acquires India rights of tri-nation tournament in SL

Discovery’s sports channel Dsport has acquired the exclusive India broadcast rights of Nidahas Trophy 2018, a tri-nation international T20 tournament involving India, Sri Lanka and Bangladesh. The transaction was facilitated by Lagardère Sports, the global marketing consultant of Sri Lanka Cricket...

Television TV Channels Sports

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories