[icernet] Plan panel asks PB to cut dependence on budgetary support

[Arul Selvan MIC]

Concerned over the gap of more than Rs 1000 crore between Prasar
Bharati's revenue and expenditure, the Planning Commission has
recommended that the Public Service Broadcaster make "serious" efforts
to reduce dependence on budgetary support and increase its revenue.

Pointing out that the Corporation's annual plan and non-plan expenditure
was likely to be around Rs 1800 crore while its annual revenue was
nearly Rs 700 crore in 2000-01 leaving a gap of Rs 1100 crore, the Tenth
Plan Draft Document approved recently by the Union Cabinet said efforts
should be made to reduce this gap.

Source:
http://www.outlookindia.com/pti_news.asp?id=96186