TRAI proposes to hike FDI in Broadcasting Sector
The TRAI recently released a consultancy paper seeking suggestion from Industry to hike Foreign Direct Investment in Broadcasting Sector.
Here are the Foreign Direct Investment Suggestions laid down by TRAI:
Sr. | Sector | Current FDI Limit | Proposed FDI limit |
1 | FM Radio | 20 % (FDI + FII) | 49% |
2 | Cable network | 49 % (FDI + FII) | 74% |
3 | DTH |
49 % (FDI + FII) |
74% |
4 | Up linking Hub/ Teleports | 49 % (FDI + FII) | 74% |
5 | News & Current Affairs TV Broadcaster | 26 % (FDI + FII) | 49% |
6 | Non-News TV Broadcaster | No limits laid down | Status Quo |
Here is the direct link to the consultation paper released by TRAI:
Consultation paper on foreign investment in Broadcasting Sector