The information & broadcasting ministry and the Foreign Investment Promotion Board (FIPB) are at loggerheads over an exercise to review the print media policy with regard to foreign involvement.
Both the ministry and the board are interested in setting up their own committees to review a 1955 cabinet note, which does not allow any foreign media house other than Readers Digest to set up an establishment in the country.
The government had last year announced that it was not averse to review the cabinet note and had asked for an expert committee to be set up to look into the issue.
But nothing has been done since that announcement, as the FIPB is interested in undertaking the exercise of reviewing the print media policy vis-
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
