The Indian government has today "clarified" it's position on Foreign Investment in Digital News Media in India. It is restricting FDI to 26%, in line with print, and not just in media companies, but in news aggregators too. https://dipp.gov.in/whats-new/clarification-fdi-policy-uploadingstreaming-news-and-current-affairs-through-digital-media … Thread (1/n)
8. Additional restrictions, probably targeting The Wire: CEO has to be an Indian citizen. Foreign citizens employed need govt security clearance, and if not cleared, will have to resign. (9/n)pic.twitter.com/6SBEKMeLBz
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9. Reminder: This policy change has been finalised without public consultation. Representations they've received are not in the public domain. 10. Digital Media co's need to brace for another policy: Registration of Periodicals and Publications Bill, 2019 (10/n)
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11. I had spoken with
@iamsoumyarendra about this policy when it was first announced, a year ago: https://youtu.be/EInjF1lZozg (11/11)Diesen Thread anzeigen
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