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Govt Mulling More FDI in News Channels: Rajyavardhan Rathore

Government is mulling on the issue of bringing more FDI into news channels.

Updated
India
2 min read
Rajyavardhan Rathore (right) with CEO of Prasar Bharati, Jawhar Sircar, during the CII Big Picture Summit 2015 in New Delhi on Monday. (Photo: PTI)

The government is mulling over the issue of bringing more FDI into news channels, Minister of State for Information and Broadcasting Rajyavardhan Rathore said on Monday while voicing concerns over the quality of news and little investment in training of journalists.

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.
— Rajyavardhan Rathore

Rajyavardhan Rathore said paucity of funds is one of the reasons there was not much investment going into training of journalists. (Photo: PTI)
Rajyavardhan Rathore said paucity of funds is one of the reasons there was not much investment going into training of journalists. (Photo: PTI)

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 devoted to the training of journalists.

Rajyavardhan Rathore (centre) with CEO of Prasar Bharati, Jawhar Sircar (left) and Chairman of CII National Committee on Media and Entertainment, Sudhanshu Vats during the CII Big Picture Summit 2015 in New Delhi on Monday. (Photo: PTI)
Rajyavardhan Rathore (centre) with CEO of Prasar Bharati, Jawhar Sircar (left) and Chairman of CII National Committee on Media and Entertainment, Sudhanshu Vats during the CII Big Picture Summit 2015 in New Delhi on Monday. (Photo: PTI)

We need to have very good quality news being given out. And therefore there is need to invest into the quality of journalism itself.
— Rajyavardhan Rathore

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.

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