Don’t miss the latest developments in business and finance.

Govt. seeking inputs on whether to allow 100% FDI in news media, says Javadekar

Image
ANI Mumbai
Last Updated : Jun 01 2014 | 4:30 PM IST

Union Information and Broadcasting Minister Prakash Javadekar has said that his ministry is seeking inputs on whether 100 percent Foreign Direct Investment should be allowed in news media.

"The Central Government is collecting views of various stakeholders in the matter relating to allowing 100 percent FDI in news media. We want to take the views of all the stakeholders before we take a final decision," said Javadekar while speaking to media here.

The FDI in news and current affairs media is only 26 percent, while in the non-news media it is 100 percent.

He also said that the council of minister will discuss the issue of paid news at its final meeting scheduled for tomorrow.

More From This Section

First Published: Jun 01 2014 | 2:32 PM IST

Next Story