FDI policy under scrutiny
Moves are afoot by the government to hike the cap on Foreign Direct Investment (FDI) in cable and direct-to-home (DTH) telecast services to 74 per cent. Right now, the policy restricts foreign holdings in these segments to 49 per cent.
Moves are afoot by the government to hike the cap on Foreign Direct Investment (FDI) in cable and direct-to-home (DTH) telecast services to 74 per cent. Right now, the policy restricts foreign holdings in these segments to 49 per cent.
This initiative comes on the back of TRAI’s (Telecom Regulatory Authority of India’s) demand for a comprehensive review of the FDI policy to raise the ceiling in all forms of broadcast signal distribution to 74 per cent. This includes cable TV, DTH and IPTV. The Union Cabinet is expected to take a view on the matter soon. With the Left no longer around to veto the proposal, the approval may come sooner rather than later.
—RJ
This initiative comes on the back of TRAI’s (Telecom Regulatory Authority of India’s) demand for a comprehensive review of the FDI policy to raise the ceiling in all forms of broadcast signal distribution to 74 per cent. This includes cable TV, DTH and IPTV. The Union Cabinet is expected to take a view on the matter soon. With the Left no longer around to veto the proposal, the approval may come sooner rather than later.
—RJ
