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I&B Ministry simplifies Annual Renewal process for existing TV channels as part of "Ease of Doing Business"

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Shri M Venkaiah Naidu, Minister for Information & Broadcasting has said that as part of the Government's initiative of Ease of Doing Business, the Ministry of Information & Broadcasting has completely done away with the process of obtaining an Annual Renewal for TV channels in the current form.

Elaborating further, Shri Naidu said that Broadcasters who have been given the permission for Uplinking or Downlinking can continue their operations by simply paying the annual permission fee upto 60 days before the due date, which by itself will be treated as permission for continuation of the channel for a further period of one year. Adding further, Shri Naidu said that this initiative by the Ministry is expected to provide a major relief for ease of doing business for the permission holding companies of the TV channels and teleports.

He said a total of 963 Channels and Teleports shall benefit from this decision. The Ministry was fully committed to the vision of the present Government and the Hon'ble Prime Minister to promote the Ease of Doing Business and would continue to take more steps in consultation with stakeholders.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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First Published: Fri, November 11 2016. 15:38 IST