Govt to clarify on applicability of FDI policy on digital media: Sources

NEW DELHI: The government is likely to come out with a clarification on applicability of the foreign direct investment policy on the digital media sector, official sources said.

The present FDI policy is silent on the fast-growing digital media segment.

In the print media sector, 26 per cent FDI is allowed through government approval route. Similarly, 49 per cent FDI is permitted in broadcasting content servicesNSE -0.44 % through government approval route.