Modi govt mulls more FDI in news channels

October 19, 2015

New Delhi, Oct 19: Government is mulling on the issue of bringing more FDI into news channels, Minister of State for Information and Broadcasting Rajyavardhan Rathore said today while voicing concern over "quality of news" and little investment in training of journalists.Rathore

Speaking at an event organised by the CII, he said the government is talking about the concept of "bringing in more" Foreign Direct Investment (FDI) into news channels.

"Can't really say that we are going to make it happen in a given timeframe, but the very fact that we have started thinking about it, means we have started moving ahead with it," he told representatives of the media and entertainment industry.

As per present rules, 26 per cent FDI is allowed in uplinking of news and current affairs TV channels, officials said.

Rathore referred to comments made by one of the industry representatives about paucity of funds available with news channels and said that it was one of the reasons that there was not much investment into training of journalists.

"Unfortunately, because of that there is not much investment happening in training of the journalist. The quality of the journalist, the questions, the news that is being presented and we as a growing nation, we need to have journalists as fourth pillar of democracy.

"We need to have very good quality news being given out. And therefore there is need to investment into the quality of journalism itself," Rathore said.

Referring to demands that news be allowed on private FM Radio, Rathore said that with changing times policies are changing too.

There was a time when there was no news on private radio but now with Phase III expansion, this has changed, he said.

In lighter vein, Rathore recalled a conversation when I&B minister Arun Jaitley told a news anchor that the catchline of their prime time show should be "two at a time" as often more than one person speaks at the same time.

Another person then mentioned it could be windows 2015, as there are several windows on TV screens showing guests.

"One wonders if news is opened immediately on radio, you'll perhaps have a windows 2015 on radio channels as well," he said.

He added that in Phase III, All India Radio news can be broadcast verbatim. "But what we have done is, taken off a lot of things from news and therefore it has become non-news. Things like sports in a city, local events in a city. Just that religion and political news is hardcore news and we leave that out for the time being," he said.

Speaking about GST, he said the government has been trying to encourage the opposition to partner and clear the GST Bill.

He said the effort of the government would be to subsume most of the taxes like entertainment tax, local taxes etc making it easier for all.

"But as you understand it is an intensely dynamic subject, the GST itself," he added.

Rathore also added that government is considering National Film Development Corporation (NFDC) to become a single window clearance for filmmakers to shoot in India.

He said a proposal that has got the Prime Minister Narendra Modi's in principle consent is to provide financial assistance to films which participate in prestigious awards like Oscars, Cannes etc to boost their chances of winning.

He said the I&B ministry wanted to discuss this proposal with the industry. He said the government also wants industry's support in setting up of a gaming, animation and special effects institute of excellence.

Prasar Bharati CEO Jawhar Sircar, in his speech at the event, suggested that there are a huge number of smartphones in the country and broadcasters should look towards them to prepare for the future.

He suggested that a consortium of broadcasters could try to cooperate and reach the smartphones free by using the bandwidth with Doordarshan.

"In the four metropolitan cities, Delhi, Mumbai, Kolkata and Chennai, we have broadcasting signals enough to carry 20-22 channels," he said, adding that the test runs are on.

The Prasar Bharati CEO said that while there is the "sarkaari" mentality that "we will do it myself", a solution could be that a consortium could approach the government, which would be in a position to help the entire country.

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News Network
March 26,2020

New Delhi, Mar 26: The total number of people who have been confirmed positive for COVID-19 in India has risen to 649 in India, including 593 active cases and 42 people who have been cured or discharged from hospitals, according to the recent update by the Union Ministry of Health and Family Welfare (MoHFW) on Thursday morning.
The death toll due to the novel coronavirus in the country has reached 13, the official data reported. There have been 3 more deaths due to COVID-19 reported in the country since last evening.
An 85-year-old woman in Gujarat died yesterday while with the passing away of a 65-year-old woman, Madhya Pradesh reported its first COVID-19 death. Tamil Nadu also reported its first death in the state yesterday due to the deadly infection.
According to report from the Indian Council of Medical Research (ICMR) India had tested 24,254 people as of 8 p.m. on March 25.
The country is now in its second day of a 21-day lockdown that was announced by the Prime Minister Narendra Modi on Tuesday to deal with the spread of coronavirus, saying that "social distancing" is the only option to deal with the disease, which spreads rapidly.
The central government had on Wednesday announced that it will provide 7 kg ration to 80 crore people in India. The Centre also said that it has earmarked Rs 1.80 lakh crores for providing wheat at Rs 2 per kg and rice at Rs 3 per kg
"Union Cabinet has decided to provide wheat at Rs 2 per kg which is worth Rs 27 per kg and rice at Rs 3 per kg which is worth Rs 37 per kg. A total amount of Rs 1 lakh 80 thousand crores is being spent for the cause. The amount will be given in advance to the states for the coming 3 months," Union Minister Sadananda Gowda said yesterday.
Those shops which are catering to essential services will continue doing so during the 21-day nationwide lockdown.

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News Network
April 1,2020

New Delhi, Apr 1: The number of COVID-19 cases climbed to 1,637 in the country on Wednesday while the death toll rose to 38, according to the Union Health Ministry.

The number of active COVID-19 cases stands at 1,466, while 132 people were either cured or discharged and one had migrated to another country, the ministry stated.

As per the health ministry's updated data at 9 AM, three fresh deaths were reported since the last update on Tuesday. However, it could not be known from which parts of the country these three fatalities were reported.

Till Tuesday night, Maharashtra had reported the most deaths (9) in the country so far, followed by Gujarat (6), Karnataka (3) Madhya Pradesh (3), Punjab (3), Delhi (2), West Bengal (2) and Jammu and Kashmir (2). 

Kerala, Telangana, Tamil Nadu, Bihar and Himachal Pradesh have reported a death each.

The state-wise breakup of the cases was also not available immediately.

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Agencies
January 16,2020

New Delhi, Jan 16: United Forum of Bank Unions has decided to observe a two-day strike on January 31 and February 1, demanding early wage revision settlement which has been due since November 1, 2017, said the All India Bank Employees Association.

Union Finance Minister Nirmala Sitharaman will present her second Union Budget on February 1.

Banks will also hold a strike on March 11, 12 and 13. Also, an indefinite strike will be held from April 1.

General Secretary, All India Bank Officers' Confederation West Bengal Sanjay Das has stated that the nationwide strike has been called over several demands.

"The demands include--wage revision settlement at 20 per cent hike on payslip components with adequate loading thereof and scrapping off New Pension Scheme (NPS)," said Das.

There are several demands to hold the strike including the merger of special allowance with basic pay, updation of pension, improvement in the family pension system, five-day banking, allocation of staff welfare fund based on operating profits and exemption from income tax on retiral benefits without a ceiling.

"Other demands include-- a uniform definition of business hours, lunch hour etc in the branches, introduction of leave bank, defined working hours for the officers and equal wage for equal work for the contract employee," said Das.

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