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FDI Policy Paragraph 5.2.8
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Consolidated FDI Policy Circular of 2020

Paragraph 5.2.8 Print Media

Chapter
5 · Sector Specific Conditions on FDI
Text as on
As issued 15 October 2020; Press Notes since are not applied
5.2.8 PRINT MEDIA
Sector/Activity % of Equity/ Entry Route FDI Cap
5.2.8.1 26% Government
Publishing of newspaper and periodicals dealing
with news and current affairs
5.2.8.2 26% Government
Publication of Indian editions of foreign magazines
dealing with news and current affairs
5.2.8.2.1 OTHER CONDITIONS
(i) ‘Magazine’, for the purpose of these guidelines, will be defined as a periodical publication, brought out on non-daily basis, containing public news or comments on public news.
(ii) Foreign investment would also be subject to the Guidelines for Publication of Indian editions of foreign magazines dealing with news and current affairs issued by the Ministry of Information & Broadcasting on 4.12.2008, as amended from time to time.
Sector/Activity % of Equity/ Entry Route FDI Cap
5.2.8.3 100% Government Publishing/printing of scientific and technical magazines/specialty journals/ periodicals, subject to compliance with the legal framework as applicable and guidelines issued in this regard from time to time by Ministry of Information and Broadcasting.
5.2.8.4 100% Government Publication of facsimile edition of foreign newspapers
5.2.8.4.1 Other Conditions
(i) FDI should be made by the owner of the original foreign newspapers whose facsimile edition is proposed to be brought out in India.
(ii) Publication of facsimile edition of foreign newspapers can be undertaken only by an entity incorporated or registered in India under the provisions of the Companies Act, as applicable.
(iii) Publication of facsimile edition of foreign newspaper would also be subject to the Guidelines for publication of newspapers and periodicals dealing with news and current affairs and publication of facsimile edition of foreign newspapers issued by Ministry of Information & Broadcasting on 31.3.2006, as amended from time to time.