Exclusive HOLI Discounts!
Get Courses and Combos at Upto 50% OFF!
Upgrad
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Several Indian companies engaged in publishing newspapers and periodicals dealing with news and current affairs have been allowed to bring in Foreign Direct Investment (FDI) subject to the maximum limit of 26% of their paid up equity capital. A large number of Indian companies publishing scientific/technical and speciality magazines/periodicals/journals have been permitted to bring in FDI up to the maximum limit of 100% of their paid up equity capital. Permission has been given for publication of 107 magazines/journals in the speciality/scientific/technical sector by Indian companies having FDI. In addition, permissions have been granted for publication of 172 magazines/journals as Indian editions of various foreign magazines/journals in the scientific/speciality/technical sector. As such there are no factors preventing foreign media from entering India. This information was given by Minister of Information & Broadcasting and Parliamentary Affairs, Shri P. R. Dasmunsi in written reply to a question in Rajya Sabha today.
"Loved reading this piece by Prakash Yedhula?
Join LAWyersClubIndia's network for daily News Updates, Judgment Summaries, Articles, Forum Threads, Online Law Courses, and MUCH MORE!!"




Tags :

  Views  653  Report



Comments
img