A national broadcast policy in the anvil

Ministry of Information and Broadcasting (MIB) is exploring to formulate a national broadcast policy (NBP) with an aim to ease lengthy and time-consuming government processes that media and entertainment industry players have to go through while conducting their businesses. The ministry is also formulating the internal FDI policy to align the overall framework with that of the commerce ministry. The government had liberalized investment norms for many sectors, including media and entertainment, in 2016, and later dismantled Foreign Investment Promotion Board too making sectoral nodal ministries responsible for greenlighting FDI proposals.