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Cabinet nod for revised DTH service guidelines; licenses for 20 years

The Union Cabinet approved revision in guidelines for providing direct to home (DTH) services in the country under which licenses would be issued for 20 years

DTH

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Press Trust of India New Delhi
The Union Cabinet on Wednesday approved revision in guidelines for providing direct to home (DTH) services in the country under which licenses would be issued for 20 years, Union minister Prakash Javadekar said.
He said the change in guidelines would also allow 100 per cent FDI in the DTH sector.
While the Commerce Ministry had spoken of 100 per cent FDI in the DTH sector, the guidelines of the Information and Broadcasting Ministry needed to be changed.
Changes have been approved for 100 per cent foreign direct investment in the sector. Till now, the FDI was limited to 49 per cent, Javadekar told a media briefing.
The TRAI was consulted in this regard, he added.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Dec 23 2020 | 5:42 PM IST

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