Private FM radio companies write to PM Modi for urgent relief

MUMBAI: Hit hard by a drop in advertising revenues, the Association of Radio Operators for India (AROI) has written to Prime Minister Narendra Modi, seeking urgent relief.

“The private FM industry has already been facing an economic crisis since last one year, as the government had stopped advertising on the medium and also not cleared dues for a long time,” Anurradha Prasad, president, AROI, wrote in the letter dated April 24.

Prasad pointed out that currently there are 370 private FM stations across 107 cities, out of which most are dependent on government advertising. “Since Covid-19 outbreak, jobs of over 20,000 employees are under threat,” the letter said.