• ICC Women's World Cup: India cruise to finals, defeat Australia by 36 runs in semis
  >>     >>   GST to be game changer for media, broadcasting sector: Venkaiah Naidu

GST to be a game changer for media, broadcasting sector: Venkaiah Naidu

The GST Bill, among other new transformations, will prove to be a game changer for the media and entertainment industry, Union Minister Venkaiah Naidu said on Thursday.


By   |  Updated On : May 04, 2017 04:34 PM
Union Minister Venkaiah Naidu (Source: PTI)

Union Minister Venkaiah Naidu (Source: PTI)

New Delhi :  

Union Minister Venkaiah Naidu on Thursday asserted that the GST Bill, among other new transformations, will turn tables for the media and entertainment industry.

"Campaigns like Make in India, Skill India and Digital India were clearly positive signals for new transformation including GST which would prove to be a game changer for Indian media and entertainment sector, especially the broadcasting sector", Information and Broadcasting Minister Naidu said.

The statement came out during the inaugural session of a two-day seminar organised by Telecom Regulatory Authority of India (TRAI) on its completion of two decades.

Read more: GST will be beneficial for Nagaland, says Chief Secretary Pankaj Kumar

"Broadcasting sector in India is as at the threshold of entering into new era of digital broadcasting, which would open lots of opportunities to use latest technological innovations to not only enhance reach but also enhance the quality of the reach."

"The revival of radio, the digitisation of cable and the free-to-air DTH audience growth point to the latent demand for broadcasting in the Indian market at a time when broadcasting in advanced markets in the West is losing out significant space to digital on-demand media platforms", he said.

The minister further added that the push towards Digital Terrestrial Television (DTT) comes at a critical point as public broadcaster Doordarshan looks to expand its DTT footprint from the current 16 cities to another 44.

Read more: Triple talaq is not religious issue, has no sanction in Shariat: Naidu

First Published: Thursday, May 04, 2017 04:19 PM


Download the News Nation Mobile App and stay connected with top stories from India and around the world. Available on Android and IOS.


NEXT STORY