National

'FDI Not Meant To Reward Or Punish'

Union I&B minister defends the decision in the face of opposition from some of NDA's allies and friends like the TDP, the Samata Party, the Shiv Sena and the AIADMK

Advertisement

'FDI Not Meant To Reward Or Punish'
info_icon
Union information and broadcasting minister Sushma Swaraj has received both bouquets and brickbats for her ministry's decision last fortnight to clear foreign direct investment (FDI) in the print media. Though approved by the Union cabinet, the move has been strongly opposed by the entire Opposition and some of NDA's allies and friends like the TDP, the Samata Party, the Shiv Sena and the AIADMK. In an interview to Bhavdeep Kang the minister defends her decision. Excerpts:
Why was it so important to overturn a cabinet decision of 53 years standing at this particular juncture?
There was no mention of FDI in news and current affairs in the note placed before the cabinet just one month ago. Why was it suddenly added?

Advertisement

Why did you not wait for a consensus, at least within the NDA?
Outlook
Why was the standing committee report set aside?
There's a view that the move was intended to target three top newspapers which have been writing against the government.
The Indian Express
The Hindustan Times, The Times of India, The Hindu
The Times of India
The Indian Express
Aaj Tak
India Today
Jansatta
Jansatta
Isn't it true that the government was unhappy with the three major newspapers even before Gujarat?
Express, India Today, The Telegraph, ABP, Outlook
Outlook
India Today
hamara ya paraya
Kisiko apna kehkay paala nahin, kisiko paraya kahkey chhoda nahin

Advertisement

Is it true that Ramoji Rao of the Eenadu group and others are pushing for a rollback? Will that happen?
Doesn't the attack on the PM in Time magazine discourage you from allowing foreign players a toehold?
Time
Isn't the decision to allow FDI against the spirit of the NDA's 1999 agenda for governance which puts a 20 per cent cap on FDI in private broadcasting?
Is there any amendment to the RBI rule banning listing of print media companies on the stockmarket?
We keep hearing 100 per cent FDI in broadcasting being touted as a justification for opening up print.Is that the case?
Tags

    Advertisement

    Advertisement

    Advertisement

    Advertisement

    Advertisement

    Advertisement