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Article: INDIAN CABINET MULLS FRESH FDI PROPOSALS FOR PRINT MEDIA.
- Article from:
- AsiaPulse News
- Article date:
- April 26, 2002
CopyrightCOPYRIGHT 2002 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW DELHI, April 26 Asia Pulse - India's Federal Information and Broadcasting Ministry is expected to submit a new proposal on the controversial issue of foreign direct investment (FDI) in print media before the federal Cabinet.
The proposal to allow 74 per cent FDI in non-news, non-current affairs and specialised publications was deferred by the Cabinet on Wednesday night as some ministers, mainly belonging to BJP, felt that once it was delinked from the news sector, the government may not immediately look at policy changes, sources said.
Fearing an uproar in Parliament over a decision on the issue of FDI in print media, the Cabinet was of the view that ...