I&B Ministry
I&B Sector brings in over $1.25 billion FDI between October 2014 and May 2016
NEW DELHI: India earned foreign exchange amounting to $9565.33 million from computer software and hardware, electronics and Information & Broadcasting (including print media) sectors between October 2014 and May 2016.
Of this, the information and broadcasting sector (I&B( alone yielded $1253.76 million FDI equity inflows, according to a report on the Make in India presented by Commerce and Industry Minister Nirmala Sitharaman in Parliament.
The total FDI inflows for these years was $61,585.42 million, the Minister said in an analysis of 58 industries.
The I&B Sector brought in FDI amounting to $205.22 million between October 2014 and March 2015, $1,009.34 million between April 2015 and March 2016, and $39.2 million for the two months of April and May this year.
The Minister said the `Make in India’ initiative was launched in September 2014 with the aim of promoting India as an important investment destination and a global hub for manufacturing, design, and innovation. Thereafter, during the period October 2014 to May 2016, the FDI equity inflow has increased by 46 per cent, from $42.31 billion to $61.58 billion in comparison to previous 20 months (February, 2013 to September, 2014). FDI inflow has also increased by 37 per cent from $62.39 billion to $85.75 billion.
India has been ranked third in the list of top prospective host economies for 2016-18 in the World Investment Report (WIR) 2016 of UNCTAD.
To further boost the entire investment environment and to bring in foreign investments in the country, the government is taking various measures like opening up FDI in many sectors; carrying out FDI related reforms and liberalization and improving ease of doing business in the country. Steps are being taken for development of support infrastructure to facilitate setting up of industries such as transport infrastructure, utility infrastructure etc. The Department of Industrial Policy and Promotion has advised ministries and state governments to simplify and rationalize the regulatory environment through business process re-engineering and use of information technology.
I&B Ministry
Press Sewa Portal digitises 1.5 lakh records, streamlines periodical registrations: MIB
Online system spans 780 districts; Rs 5.6 crore penalties, 88,315 titles cancelled
NEW DELHI: India’s print media registry has quietly moved from dusty files to digital dashboards. The government has digitised more than 1.5 lakh historical records of newspapers and periodicals and shifted registrations fully online through the Press Sewa Portal.
Introduced under the Press and Registration of Periodicals (PRP) Act, 2023, the portal now handles all applications for registering periodicals, replacing the earlier paper-heavy system created under the Press and Registration of Books Act, 1867, which has since been repealed.
The digital shift brings a wide range of services onto a single platform. Publishers can now register new periodicals, revise registrations, transfer ownership, file annual statements, pay penalties online and apply for circulation verification without navigating government offices.
As part of the rollout, specified authorities in 780 districts across India have been onboarded onto the platform. Since 1 March 2024, the portal has processed 11,081 applications and issued certificates across different categories.
The transition has also brought stronger compliance. According to government data, Rs 5.63 crore in penalties has been collected through the portal so far. States such as Maharashtra, Karnataka, Tamil Nadu, Uttar Pradesh and Madhya Pradesh account for some of the largest penalty collections.
At the same time, the authorities have carried out a major clean-up of inactive or non-compliant publications. A total of 88,315 periodicals have been cancelled nationwide, with Maharashtra, Uttar Pradesh and Delhi among the states reporting the highest number of cancellations.
The government says the system will continue to evolve based on feedback from users. The Press Registrar General of India (PRGI) regularly reviews suggestions to improve services and make compliance easier for publishers.
The full list of registered newspapers and periodicals is available on the PRGI website under the Registered Titles section.
The information was shared in a written reply in the Lok Sabha by minister of state for information and broadcasting and parliamentary affairs L Murugan, responding to a question from Damodar Agrawal.
