The union cabinet yesterday approved permitting 26 percent FDI under government route for uploading/streaming of news and current affairs through digital media, on the lines of print media.
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The present FDI policy is silent on the fast-growing digital media segment. In the print media sector, 26 percent FDI is allowed through government approval route. Similarly, 49 percent is permitted in broadcasting content services through government approval route.
To discuss this issue, CNBC-TV18's Shereen Bhan is in conversation with Nikhil Pahwa, founder of Medianama and Goldie Dhama, Partner - Regulatory Services at PWC India.