"Television ranking must become fair and researched. I don't know what happened now. Whatever alternative bodies have come in, I am not impressed by that. How can a few hundred boxes determine which programmes are better and which are not?" Prasad said in his inaugural address at the annual media and entertainment industry gathering Ficci Frames here.
He, however, was quick to clarify that the government does not want to get involved in the process, but underlined the need for a better and more credible system of TV ratings.
TV ratings in the country are given by Broadcast Audience Research Council of India (Barc India), which is jointly promoted by three apex industry bodies -- Indian Broadcasting Foundation (60 per cent), Indian Society of Advertisers (20 per cent) and Advertising Agencies Association of India (20 per cent).
Barc India was set up in 2012 with the specific purpose of designing, commissioning, supervising and owning the television audience measurement system, and reported the first weekly data in April 2015.
He said the country offers close to USD 1 trillion opportunity to digital companies over the next five years.
Giving the break-up, he said the electronics sector will be a USD 350-billion industry, while IT, IT-enabled services and e-commerce will account for another USD 350 billion and the communication sector will reach USD 250 billion over the next five years.
Urging the media and entertainment industry to tap the global markets, he said, "India's ideas and India-created products should find global space."
Prasad sees the target of 500 million Internet users being achieved by the end of this year instead of the earlier projection of 2017.
"As of March 30, the same stood at 1,30,000 km (optical pipe) and 110,000 km of OFC. That is the speed we are working with but I am not happy and we need to expedite," he said.
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