Saturday, June 19, 2021
Home News Reports Union govt announces level playing field for digital media including PIB accreditation and other...

Union govt announces level playing field for digital media including PIB accreditation and other benefits, issues clarification on FDI policy in the sector

The govt on Friday announced that the Ministry of Information and Broadcasting is considering PIB accreditation for reporters, cameramen, videographers of digital media outlets

Signifying the growing importance of digital media, the union govt has made certain changes to the govt media policy, extending some of the facilities to digital media which are currently limited to only print and electronic media.

The govt on Friday announced that the Ministry of Information and Broadcasting is considering PIB accreditation for reporters, cameramen, videographers of digital media outlets. This will enable such media-persons to obtain first-hand information and access, including participation in official press conferences and such other interactions with the govt.

After obtaining PIB accreditation, digital media personnel will also be able to avail the benefits of Central Govt Health Scheme and concessional rail fare according to existing procedures.

Digital media houses will also be eligible for digital advertisements through Bureau of Outreach and Communication, opening a new avenue for revenue, which are currently dependent on private sector advertising and subscription revenue.

The statement issued by Ministry of Information and Broadcasting also said that similar to self-regulating bodies in print in electronic media, entities in digital media can form self-regulating bodies for furthering their interests and interaction with the Government.

The PIB statement added that these decisions have been taken in pursuant to the decision of the Central Government allowing 26% FDI under Government approval route on ‘Uploading/Streaming of Current Affairs and News through Digital Media’.

In August last year, the central govt had announced 26% foreign direct investment (FDI) in digital media sector through the government approval route. 26% FDI in print media and 49% FDI in broadcasting media was already allowed.

In this context, today the Department for Promotion of Industry and Internal Trade (DPIIT) also released a clarification on the issue of foreign direct investment (FDI) in the sector. DPIIT said that the digital media entities will have to align FDI to 26 percent within one year of clarification. The statement said that majority of the board of directors and chief executive officer (CEO) of digital media companies with FDI will have to be Indian citizens and the firms will have to get security nod for all foreign personnel working with them.

“Security nod must for foreign personnel deployed for more than 60 days in India if security nod for any foreign personal gets denied, the employee has to resign/employment terminated,” the statement issued by DPIIT said.

The FDI norms for digital media will be applicable to Indian entities uploading/streaming news and current affairs content on websites, apps or other online platforms, news agencies which supply news to digital media entities and/or news aggregators, and to news aggregators which aggregate content from various sources in one location, using software / web applications.

  Support Us  

Whether NDTV or 'The Wire', they never have to worry about funds. In name of saving democracy, they get money from various sources. We need your support to fight them. Please contribute whatever you can afford

OpIndia Staff
Staff reporter at OpIndia

Related Articles

Trending now

Exclusive details: Here are some of the points that the Parliamentary Standing Committee, headed by Shashi Tharoor, raised with Twitter

Indian officials of the microblogging site Twitter were questioned by the Parliamentary Panel on Information Technology on various issues.

Netizens trend #SuspendUrbanDictionary, UP police takes cognisance of the insulting ‘definition’ of Mayawati by one Nazia Khan: What happened

On Friday, Urban Dictionary sparked a furore on Twitter after it described Bahujan Samaj Party (BSP) leader Mayawati as an "unmarried pornstar".

Kerala Congress President K Sudhakaran hatched a plan to kidnap my children says Kerala CM Pinarayi Vijayan: Here is the full story

Kerala CM Pinarayi Vijayan has claimed that the newly-coronated Kerala PCC President K Sudhakaran had planned to kidnap his children

Mamata Banerjee wants Nandigram results re-evaluated even after winning state, calls Judge ‘BJP member’ to cast doubts on Judiciary as well: Details

Only recently, Mamata Banerjee had filed a petition in the court demanding that the Nandigram results be re-evaluated.

Ghaziabad Fake Hate Crime: One accused says he was angry as he lost unborn child because of the ‘tabeez’ given by Abdul Samad

The UP Police which has been investigating the Ghaziabad assault case, is now in the lookout for the absconding local SP leader

Mukesh was burnt alive at Tikri Border because he was a Brahmin? Village head thinks so, the family wants speedy justice

Residents of Kasar village near Tikri border, where Mukesh was burnt alive, demand immediate removal of tents of farmer protestors

Recently Popular

Republic TV issues statement over Arnab Goswami’s disappearance from the news network: Here is what they said

Arnab Goswami was last seen on May 2 during a discussion on West Bengal assembly polls. He will make a return on Monday.

Pakistani audience go ballistic over Zee5 web series featuring Muslim girl-Indian Hindu boy love story, call it ‘haram’

The Pakistani web series features the love story between a Pakistani Muslim girl and Indian Hindu boy who have both lost their fathers to the conflict between the two nations.

‘Muslims must kill 4-6 persons before dying’: Congress’ new minority cell head Imran Pratapgarhi and his hate-filled ‘shayari’. Details

The newly appointed Congress minority cell head Imran Pratapgarhi is believed to be the favourite of Priyanka Gandhi Vadra.

TISS research paper calls Kashmir ‘India occupied’, blames Indian Army for domestic violence in Kashmiri society

A dissertation paper by a student at TISS-Hyderabad has come under the scanner for calling Kashmir "India occupied Kashmir".

Dhruv Rathee fans mark YouTuber Karolina Goswami for targeted harassment after she exposed his lies

After Karolina Goswami pointed out the factual errors and mistakes in the Dhruv Rathee video, Rathee's supporters have been harassing and abusing Goswami.

AAP celebrates Delhi’s new architectural marvel, the Moti Nagar speed breaker

AAP's Moti Nagar MLA has recently inaugurated a speed breaker, along with dozens of supporters flouting social distancing norms.
- Advertisement -


Connect with us