A FICCI delegation called on Shri Prakash Javadekar, Minister of State for Information & Broadcasting (Independent Charge), Government of India, and handed over FICCI’s ‘Policy Roadmap for the Media and Entertainment Sector in India’. The delegation was headed by its president, Sidharth Birla.
The road map comprises key recommendations for the Television, Film, Print, Radio, AVGC and Live Events sectors. FICCI is confident that the implementation of these recommendations will provide the much-needed boost to the media and entertainment sector, which has tremendous potential for dynamic growth and multiplier effect on employment generation without much spending from the public exchequer.
For the Film sector, FICCI’s policy roadmap calls for enactment of the Cinematograph bill, constitution of a task force for Improving Screen Density in India and ensuring that entertainment tax is fully subsumed in the GST without creating a window for its levy at the local level.
For the TV Broadcast sector, it suggests smooth and orderly implementation of Digitization in the cable sector; relaxation in FDI limits in News Broadcasting and Infrastructure Status to the Cable sector.
With regards to the Radio sector, FICCI has urged the government to ensure that the process of auctions under Phase III rolls out smoothly, without any further delays. The auctions should be completed by Sept-Oct 2014 and that Phase III licenses which expire from April 2015 are extended well before the end-date.
Further, with respect to Reduction in channel separation, the government must immediately accept TRAI’s recommendations on this subject, so that an FM revolution can be brought about. More number of radio stations will also mean more job creation and a much wider programming variety for the people of each city. The chamber has also called for allowing news in an unrestrained manner and increasing FDI in FM radio to 49.
For the Print Media, FICCI has called for abolition of the Wage Board Act and urgently announce fiscal relief measures for Newspapers and for the Animation, Visual Effects, Gaming & Comics (AVGC) Sector, it has recommended creation of an Investment Fund; Incubation and Market Development Fund; Tax Relief; Skills and Talent Development; Co-production Treaties and Focus on Kids’ Channel in Terrestrial Broadcasting Space.
Source: http://cablequest.org/news/national-news/item/5278-ficci-proposes-policy-changes-for-m-e-industry-to-prakash-javadekar.html
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