Friday, January 22, 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 Staffhttps://www.opindia.com
Staff reporter at OpIndia

 

Related Articles

Trending now

India sends Covid-19 vaccines to all neighbouring countries except Pakistan, China steps in to aid Pakistan with free Chinese vaccine

India has not sent any vaccines to Pakistan, and there are no reports suggesting that Indian govt will send any vaccine to them

Microsoft files a patent to bring back dead loved ones as ‘chatbots’ from their digital data

Microsoft has reportedly filed a patent that would allow it to built a chatbot mirroring human beings based on their digital data.

Temples under attack in Andhra Pradesh: Hindus must be granted autonomy and the chance to defend themselves from external attacks

The recent series of temple vandalism incidents across Andhra Pradesh have left Hindus all over the country horrified and shaken.

‘Whoever governs Singapore must have that iron in him’: How Lee Kuan Yew brought an end to pilots’ protest in Singapore Airlines

In 1980, the Singapore International Airlines(SIA) and its pilots' union SIAPA was engaged in a bitter dispute over the demand of salary hikes.

‘F**k Biden’: Twitter suspends prominent Antifa accounts after left-wing mobs continue their rampage following Biden’s inauguration

Twitter has suspended prominent Antifa accounts following a spell of rioting on the occasion of Joe Biden's inauguration as president.

Roasting Raghuram Rajan, talking about economic upswing, forced conversion to Islam and Christianity: Rakesh Jhunjhunwala bursts ‘liberal’ bubble

The big bull Rakesh Jhunjhunwala was uninhibited his in his freewheeling interview with The Print founder Shekhar Gupta

Recently Popular

Rajdeep Sardesai ‘baffled’ by India Today survey that shows Modi govt winning a sweeping majority if elections held today: Details

Taking to Twitter, Sardesai said that he was 'baffled' to see that despite the economic hardships resulted by the pandemic, Indians still love the Modi government.

Arnab vs Navika: Arnab responds to Navika’s emotional monologue, says he carried his shoes with him

Recently, Navika Kumar said that when Arnab left Time Now, she had his shoes to fill. However, Arnab gives a befitting reply.

Pakistan ‘successfully’ test-fires missile injuring people, destroying houses in civil area, say Baloch leaders

Contrary to claims of Pakistani Army's successful tests of Shaheen-III Missile, several reports coming from Pakistan suggests that the test carried out by Pakistan was a massive failure as the missile landed in a civilian area in Balochistan destroying several houses and injuring civilians

Left-wing fury at Vir Sanghvi shows just how much ‘liberals’ hate Hindus

Vir Sanghvi published a column about the ‘shameful persecution’ of Munawar Faruqui and the ‘bogus controversy’ around Tandav

#BanSportsTak: Netizens angry after India Today owned sports channel claims Virat Kohli suffers from ‘disorder’

"It is a disorder for a captain to (be as aggressive as Virat Kohli). It might be acceptable for a player to have this aggression (but nor for a captain)," the journalist claimed.

Reuters’ ‘First Dogs’ video after Trump leaves White House is quite racist, especially towards India and Japan

Reuters could have used literally any other clip of Trump while speaking about dogs in White House
- Advertisement -

 

India sends Covid-19 vaccines to all neighbouring countries except Pakistan, China steps in to aid Pakistan with free Chinese vaccine

India has not sent any vaccines to Pakistan, and there are no reports suggesting that Indian govt will send any vaccine to them

Delhi police books DSGMC president and Akali Dal leader Manjinder Singh Sirsa for embezzlement of Gurdwara funds

A Delhi court had called allegations against Manjinder Singh Sirsa "serious in nature" while ordering probe in November 2020

80% of meat supplied is halal: Meat traders call SDMC’s move to display whether they are selling Halal or Jhatka meat ‘unwarranted’

Yesterday SDMC passed order mandating eatries and meat shops to display whether they are selling Halal or Jhatka meat

Microsoft files a patent to bring back dead loved ones as ‘chatbots’ from their digital data

Microsoft has reportedly filed a patent that would allow it to built a chatbot mirroring human beings based on their digital data.

Temples under attack in Andhra Pradesh: Hindus must be granted autonomy and the chance to defend themselves from external attacks

The recent series of temple vandalism incidents across Andhra Pradesh have left Hindus all over the country horrified and shaken.

Mangaluru: Tense situations prevail as miscreants drop condoms and objectionable posters inside a temple’s hundi

The incident took place just days after used condoms and fake currency notes were found in the hundis of 3 other temples

#BanSportsTak: Netizens angry after India Today owned sports channel claims Virat Kohli suffers from ‘disorder’

"It is a disorder for a captain to (be as aggressive as Virat Kohli). It might be acceptable for a player to have this aggression (but nor for a captain)," the journalist claimed.

Maha Congress protests against Arnab Goswami over ‘ChatGate’, raises ‘Joote Maaro’ slogan while hitting his poster with shoes

The Congress party on Monday took to the streets of Mumbai in huge numbers to protest against Arnab Goswami.

‘Whoever governs Singapore must have that iron in him’: How Lee Kuan Yew brought an end to pilots’ protest in Singapore Airlines

In 1980, the Singapore International Airlines(SIA) and its pilots' union SIAPA was engaged in a bitter dispute over the demand of salary hikes.

‘F**k Biden’: Twitter suspends prominent Antifa accounts after left-wing mobs continue their rampage following Biden’s inauguration

Twitter has suspended prominent Antifa accounts following a spell of rioting on the occasion of Joe Biden's inauguration as president.

Connect with us

245,563FansLike
496,912FollowersFollow
22,900SubscribersSubscribe