MUMBAI: Information and broadcasting minister Prakash Javadekar, in an exclusive interview to NewsX, cleared the air about the Centre mulling over to allow 100 per cent Foreign Direct Investment (FDI) in news media.
Talking to NewsX’s Senior Executive Editor Priya Sahgal, Javadekar said, “I never said ok to 100 percent FDI. We haven't said it. Never.”
The minister asserted that “it’s the industry which has to take the call.”
“People are discussing, let them discuss. Will talk with all stakeholders,” he added.
Currently, foreign investment is allowed only up to 26 per cent in news and current affairs media.
