[icernet] Govt To Freeze Frame On FDI In TV News Channels By Jan
Arul Selvan
arulselvan at vasnet.co.in
Sun Dec 22 21:15:37 EST 2002
The Union Cabinet will consider three options before making a decision
on the foreign equity component of news TV channels uplinking from
India, according to Information & Broadcasting Minister Sushma Swaraj.
The Cabinet may either bring the TV news channels’ foreign equity
structure on par with FDI in news publications (26 per cent), or make it
comparable with other areas in broadcasting (cable and direct-to-home)
at 49 per cent. Yet another option before the Cabinet is to bar news
channels with foreign equity from uplinking altogether.
Source:
http://www.financialexpress.com/fe_full_story.php?content_id=24330
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