Draft Proposal On Broadcast Regulator Likely By Early '04

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The information and broadcasting (I&B) ministry is targeting early 2004 for 
taking the proposal on independent broadcast regulatory authority to the 
Union Cabinet. According to a ministry official, it would take around two 
months to work out the proposal. The regulatory authority, that is being 
planned by the I&B ministry, would cover all aspects of broadcasting and 
related technologies including conditional access system (CAS) and direct 
to home (DTH) television. 

Source:
http://www.financialexpress.com/fe_full_story.php?content_id=44210