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Our Bureau

New Delhi , July 23

Industry chamber FICCI has asked for rationalisation of foreign direct investment cap in television distribution and news and non-news content.

In a paper submitted to the Planning Commission, the chamber has highlighted the inconsistencies in FDI caps in various segments of TV distribution. For instance, in direct-to-home television distribution, 49 per cent is allowed with strategic FDI only at 20 per cent. These caps need to be rationalised, says the chamber.

It should be the aim of regulation to facilitate fair competition between players, competing platforms and multiple technologies in the carriage segment, according to the chamber.

Conversion to digitalisation should be mandatory and a clear time frame should be defined for transition to digital. Licensing process should also be made stringent to filter out non-serious players, according to the chamber.

India should be made an up-linking (of satellite channels) hub by easing the existing policies for up-linking and also by setting up teleports, according to the chamber.

More Stories on : Foreign Direct Investment | Radio/TV

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