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Lok Sabha
A company with 100% foreign equity is eligible to seek permission to uplink a non-news & current affairs channel, whereas in the case of news channels, foreign direct investment is allowed only up to 26% of the paid up equity. Sixty eight (68) TV channels belonging to seventeen (17) Indian companies having foreign equity have been granted uplinking permission so far. These channels are permitted uplinking from India after fulfillment of eligibility criteria, security clearance through Ministry of Home Affairs and compliance with various terms & conditions prescribed under the guidelines. The channels are also required to keep a record of materials uplinked, for a period of 90 days and provide the necessary monitoring facility for monitoring of programmes.
This Information was given by Minister of Information & Broadcasting and Culture, Shri S. Jaipal Reddy in written reply to a question in Lok Sabha.
RS/AS
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