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Our Bureau

New Delhi, June 29 The Government is proposing to increase foreign direct investment in Direct-to-Home (DTH) to 74 per cent, and up to 24 per cent in FM Radio.

A draft note has been circulated for consideration of the Cabinet Committee on Economic Affairs. Foreign investment limits currently are 20 per cent in FM radio and 49 per cent in DTH, with the FDI component being limited to 20 per cent. In view of converging technologies, the Government has decided to bring FDI at par with the limits in the telecom sector.

The note also proposes bringing down the FDI cap for all Internet service providers to 74 per cent. Cable, however, remains at 49 per cent, despite the Telecom Regulatory Authority of India’s recommendation that it too be brought on a par with the limits recommended for the competing TV distribution platform, DTH. The Ministry, however, believes this may not be desirable since cable reaches 68 million households and there is “considerable sensitivity involved.”

More Stories on : Radio/TV | Foreign Direct Investment

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