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By Our Special Correspondent
Though the satellite-uplinking policy allows all television channels to uplink from India irrespective of their ownership or management control, the Ministries of External Affairs, Home, Finance and Communications hold different views on the issue. These ministries had been consulted by the I&B Ministry as it decided to approach the Cabinet to take a fresh look at the uplinking policy in view of Star TV's application to run a 24-hour news channel. According to I&B Ministry sources, only the Communications Ministry was in favour of continuing with the present policy. While the External Affairs Ministry is of the view that there should be 26 per cent cap on foreign equity, the Home and the Finance Ministries are open to allowing companies with 49 per cent foreign holding to uplink from India. Caught in a situation that it had not anticipated while opening up satellite uplinking completely in July 2000, the I&B Ministry last year thought it advisable that the decision on the issue be a collective one of the Cabinet rather than that of the Ministry alone.Though the present policy allows all television channels irrespective of their ownership (including equity structure) or management control to uplink from India provided they undertake to comply with the Broadcasting Codes, Star TV was the first completely foreign-owned news channel to apply for uplinking permission in anticipation of the end of its contract with NDTV in March this year.
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