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Javadekar:Suggestions invited on permitting 100 % FDI in News Media

Prakash Javadekar,Information and Broadcasting Ministry, is inviting suggestions from stakeholders permitting 100 %  FDI in News Media.

Information Minister said that he wanted to ensure that views and opinions of all stakeholders are taken. This will only ensure a better decision making that can help the news industry grow and flourish.

Javadekar further said that there will be detailed discussion before devising any policy.

Presently, FDI in the News and Current Affairs media is allowed only up to 26 per cent while about 100 per cent FDI is allowed in the non-news media like a trade publication and General Entertainment Channel (GEC).

Javadekar also mentioned of paid news saying that a meeting amongst the council of minister is soon to be held to discuss the matter and take necessary decisions over it. The issue of paid news will be discussed in two parts: one, related to the elections while the other, directly connected to the privately-owned business newspapers. Both will be given due attention during the meeting, said Javadekar.

Javadekar, who also holds the environment portfolio, said, “India’s role in climate change will be put strongly and we will include NGOs in this task.”