Uploaded on Dec 30, 2020
PPT on Cabinet approves 100% FDI in DTH services.
Cabinet approves 100% FDI in DTH services.
CABINET APPROVES 100% FDI IN DTH SERVICES INTRODUCTION ◦ The Union Cabinet on Wednesday approved revised guidelines for Direct-to-Home (DTH) broadcasting services, allowing 100 per cent foreign direct investment (FDI) as well as increasing the licence period to 20 years. Source: indianexpress.com 100% FDI ◦ Prakash Jaavdekar, Minister of Information and Broadcasting (I&B), said that the 100% FDI was not helpful to the sector due to the I&B guidance. Source: business-standard.com GUIDELINES ◦ The guidelines would have, after modifying the directives, the same guideline as the Ministry of Trade and will fall under FDI of 100%. Source: indianexpress.com REVISED GUIDELINES ◦ According to the amended rules, permits are granted for 20 years vs 10 years at this time and are extended for a term of 10 years. Source: www.ibtimes.co.in GST DEDUCTION ◦ The licensing fee has been amended by calculating the GST deduction from GR from 10% of gross revenue (GR) to 8% of adjusted gross revenues (AGR). Source: rediff.com LICENSE FEE ◦ In addition, media undertakings will also have a quarterly payment of the license fee instead of the yearly payment. Source: timesofindia.com BUSINESS OPERATIONS ◦ The updated guidelines can also enable providers of SDR services to invest in greater coverage leading to higher business operations and growth and thus enhanced and regular payments. Source: indianexpress.com INFRASTRUCTURE SHARING ◦ The administration also allowed DTH operators to share infrastructure. ◦ There will be permission on a voluntary basis for DTH operators willing to share the DTH platform and the transport stream of TV channels. Source: business-standard.com COMMON HARDWARE ◦ Distributors of TV channels will be permitted to share the common hardware for their Subscriber Management System (SMS) and Conditional Access System (CAS) applications Source: indianexpress.com MERGER ◦ In another ruling, the company also approved the merger of the National Film Development Corporation (NFDC) Ltd with four of its film media divisions — the Films Section, the Film Festival Directorate, the Indian National Film Archives and the Children's Film Society, India. Source: psuwatch.com
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