the Indian media and entertainment (M&E) sector grew 3.3% in 2024, reaching Rs 2.5 trillion (US$ 29.4 billion) in 2024, says the FICCI-EY report 2024.
The Ministry of Information and Broadcasting has withdrawn the new draft Broadcasting Services (Regulation) Bill, 2024 amid a controversy and backlash from digital news broadcasters, content creators, and social media influencers over fears of the establishment trying to exert greater control over online content.
Last month, the ministry shared the new draft Bill with a few stakeholders and invited their comments. All the stakeholders now have been asked to return physical copies given to them, multiple media reports said.
The Indian Express reported that the ministry is expected to go back to the drawing board and work on a new proposal.
Nikhil Pahwa, founder of Medianama, who had accessed the contents of the leaked draft Bill, told The Quint that it should not have existed in the first place and that the government’s step back does not mean that the citizens’ right to create and consume content is still not under attack.
“From the statement that the Ministry of Information and Broadcasting has issued on Twitter, it appeared like they have gone back to the previous draft (of November 2023), and will continue to do closed-door consultations with the industry till 15 October. This suggests that there’s no plan for a public consultation, and the Bill can be expected to be tabled in the Winter Session of Parliament,” Pahwa said in a statement.
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