Date Added: Jan 2010
Foreign investments play a major role in accelerating economic growth of a country. With the opening up of Indian economy, significant foreign investment from various countries has been coming to India in various sectors. The Government of India prescribes the limit for these investments for different sectors from time to time for various reasons associated with the sector. The Foreign Investment Policy is not uniform across broadcasting sector. Therefore, for consistency in policy and a level playing field among competing technologies in view of convergence of broadcasting and communication technologies, the Authority earlier had examined the issue, and submitted its recommendations on foreign investment limit to Government of India in 2008.