India’s pubcaster Prasar Bharati will have more to spend in 2014-15 under the Narendra Modi-led BJP government. This is more due to the launch of a channel for farmers, the date of which is yet to be firmed up. The Ministry of Information & Broadcasting (MIB) has been allocated Rs 3,316 crore (Rs 33.16 billion) for 2014–15 in the Union Budget, tabled today in Parliament by Finance Minister Arun Jaitley. This allocation stood at Rs 3,216 crore (Rs 32.16 billion) in the interim budget announced in February this year. Again, for FY2013–14, the MIB could pocket Rs 2,855.03 crore (Rs 28.55 billion). Interestingly, in the interim budget, the total grants-in-aid to the public broadcaster Prasar Bharati was Rs 2,331 crore (Rs 23.31 billion). In the Union Budget, Jaitley has added Rs 90 crore (Rs 900 million) as grant-in-aid to Prasar Bharati for Kisan TV. This takes the total grants-in-aid to Prasar Bharati to Rs 2,421.58 crore (Rs 24.22 billion). Planned outlay is Rs 531.58 crore (Rs 5.32 billion) while the remaining Rs 1,890 crore (Rs 18.90 billion) is non-plan allocation.In the previous fiscal, the pubcaster’s grants-in-aid totalled Rs 2,089.56 crore (Rs 20.9 billion).
Read more at: http://www.televisionpost.com/news/prasar-bharatis-share-lifts-to-rs-24-2-bn-as-budget-allots-33-2-bn-to-mib/ | TelevisionPost.com
Read more at: http://www.televisionpost.com/news/prasar-bharatis-share-lifts-to-rs-24-2-bn-as-budget-allots-33-2-bn-to-mib/ | TelevisionPost.com
