Govt seeking inputs on 100% FDI in news media: Javadekar
The FDI in news and current affairs media is only 26%, while in the non-news media it is 100%.
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Union Information and Broadcasting Minister Prakash Javadekar has said that his ministry is seeking inputs on whether 100% 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% 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%, while in the non-news media it is 100%.
He also said that the council of minister will discuss the issue of paid news at its final meeting scheduled for tomorrow.
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First Published: Jun 01 2014 | 4:27 PM IST