New Delhi (August 5, 2012): The Home and Information & Broadcasting ministries have raised security concerns over DIPP’s proposal to hike FDI cap in broadcasting services like Direct-to-Home and cable TV networks to a uniform 74 percent.
“There are some security issues involved in it, which the two ministries have raised. How to do the shareholders verification,” an official said.
One of the biggest concerns is how to prevent global media barons, who have a track record of exceeding their brief and influencing policies from entering the business, the official said.