Regulatory body needed to monitor implementation:
Bharat Kapadia, 'Chitralekha'

Submitted by ITV Production on Jun 25, 2002

It is good news only if the print media partners, the foreign investors are genuine parties. Print has a tremendous impact on people, much more than that exerted by television - print can still mould public opinion, as has been evident in the election results gone by. It is important that the government thoroughly checks the credentials of foreign investors who are interested in tying up with Indian media. A regulatory body needs to be set up to look into all these issues.

The decision to allow 74 per cent FDI in non-news and non-current affairs segment is a boon for technical and scientific journals in the country.
Bharat Kapadia

Group Editor-Publisher
Chitralekha

Of course, it is also difficult to monitor whether editorial and managerial control remains in Indian hands, as it is always possible to put dummy people on the board?it becomes the government‘s responsibility to see that the safeguards instituted are implemented properly.

Of course, the decision to allow 74 per cent FDI in non-news and non-current affairs segment is a boon for technical and scientific journals in the country.