FM Radio has flourished in last few years, as observed in quarterly growth in private

Radio and media industry is high on hopes that the Union Budget 2023 will be a harbinger of all good things for the industry after the hit it took following the Covid-19 pandemic. Radio remains the most affordable and popular medium of mass communication in India and acts as a tool that has consistently helped in the empowerment and social development of the people.

Along with public broadcasters, private commercial radio stations (FM Radio) and Community Radio Stations (CRS) also serve as platforms for a variety of programs.

FM Radio has flourished in the last few years, as observed in the quarterly growth in private FM Radio stations, with their number increasing from 243 in the quarter ending December 2015 to 388 in the quarter ending June 2022.