![]() Financial Daily from THE HINDU group of publications Monday, Jun 13, 2005 |
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Politics Industry & Economy - Newspapers & Publishing Left to be consulted on facsimile editions of foreign dailies Our Bureau
Hyderabad , June 12 THE Union Government is contemplating the possibility of permitting facsimile edition of foreign newspapers without their access to Indian news and advertisements. However, this decision would be based on consultations with the Left parties and subject to approval of the Union Cabinet. Speaking to newspersons after participating in a symposium on "Performance and Challenges - one year of the UPA Government", the Union Minister for Information and Broadcasting, Mr S. Jaipal Reddy, said that the Cabinet would take a final decision on the issue of permitting foreign papers to publish facsimile editions. Referring to the reservations expressed by the CPI MP, Mr S. Sudhakar Reddy, on issues relating to FDI in print, the Minister assured that the existing cap of 26 per cent would continue. On the recent announcement with regard to the proposed regulatory authority for broadcast media, Mr Reddy said that such an authority would be totally independent and would look into obscenity and other issues and refrain from interfering with the news content. Referring to the divestment of 10 per cent stake in BHEL, he said that it was merely a stake sale and did not amount to privatisation.
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