Cabinet approves revised DTH service guidelines
[ad_1]
Prakash Javadekar mentioned the change in guidelines would additionally permit 100% FDI within the DTH sector
The Union Cabinet on Wednesday authorised revision in guidelines for offering direct to residence (DTH) companies within the nation below which licenses could be issued for 20 years, Union minister Prakash Javadekar mentioned.
He mentioned the change in guidelines would additionally permit 100% FDI within the DTH sector.
While the Commerce Ministry had spoken of 100% FDI within the DTH sector, the guidelines of the Information and Broadcasting Ministry wanted to be modified.
“Changes have been approved for 100% foreign direct investment in the sector. Till now, the FDI was limited to 49%,” Mr Javadekar instructed a media briefing.
The TRAI was consulted on this regard, he added.
