(a) whether the Government propose to allow equity of 49 percent to the foreign
participation out of the total equity in the field of satellite channel;
(b) whether the Government have received any representation to restrict the foreign
participation only upto 25 percent out of the total equity; and
(c) if so, the reaction of the Government thereto?
THE MINISTER OF STATE OF THE MINISTRY OF INFORMATION AND
BROADCASTING AND MINISTER OF STATE OF THE MINISTRY OF LAW,
JUSTICE AND COMPANY AFFAIRS (SHRI ARUN JAITLEY)
(a) The Govt. has decided to permit, subject to security clearance, private
companies incorporated in India with permissible foreign equity of 49%
(including NRI/OCB/ PIO, same as in case of telecom sector) to set up
uplinking hub (teleports) for hiring out to broadcasters. Govt. has also decided
to permit uplinking of satellite TV channels irrespective of their ownership or
equity holding or management control subject to security clearance and
compliance with Programme and Advertising Codes.
(b) No, Sir.
(c) Doesn`t arise.