26% FDI in digital media restrictive, say industry experts3 min read . Updated: 29 Aug 2019, 01:40 PM IST
- The government had earlier approved 26% FDI in print media and 49% for news channels
- According to experts, until now there has been no clarity on FDI in digital media and there may be many with 100% foreign investment
New Delhi: The Union Cabinet on Wednesday approved 26% foreign direct investment (FDI) in digital media, in what may be seen as an extension of Prime Minister Narendra Modi’s Digital India campaign. The Centre had earlier approved 26% FDI in print media and 49% for news channels.
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