India has made significant strides in economic growth and development of its markets for businesses, thus emerging as one the fastest growing economies in the world. A business-friendly environment is a pre-requisite for the growth of a nation. A favourable business environment makes the country a favourite business destination. It not only leads to employment generation but also helps in the growth and development of an economy.
The Indian Media and Entertainment (M&E) industry is a sunrise sector for the economy and it is on the cusp of a strong phase of growth, backed by rising consumer demand and improving advertising revenues. The industry has been largely driven by increasing digitization and higher internet usage over the last decade. The Authority proposes to go for a consultation with the stakeholders for identifying issues that are required to be addressed for Ease of Doing Business in the broadcasting sector.
Telecom Regulatory Authority of India (TRAI) had in this regard issued a Consultation Paper on “Ease of Doing Business in Broadcasting Sector” dated 31st July, 2017. The last date for submission of suggestions is 18th September, 2017.
The Consultation Paper can be viewed here
