The government will tighten control over the China News app
New Delhi: The Foreign Direct Investment (FDI) limit has been set at 26% in digital media. As a result, government control over the China News app will be tightened. As a rule, the CEO of a digital media company with 26% FDI investment must be an Indian. All types of foreign workers who have been working in the company for more than 60 days must be protected. With all these rules in place, why should only China keep other foreign companies investing in the country’s digital media under tight control?
The country currently operates Chinese and foreign-controlled digital media companies such as DailyHunt, USA News, Opera News and News Doug. All of these digital media companies have acted in the interest of India to influence the US presidential election, as in 2019. In anticipation of this, the government in August 2016 approved a 26% FDI access for streaming / uploading news via digital media through government routes.
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