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Monday, November 29, 2004

India: major media employees forum oppose foreign direct investment

The Hindu reports on a memorandum written by major media employees, which stands out by its strong anti-foreign vocabulary. "Three major Indian newspaper and news agency employees organisations have opposed the entry of Foreign Direct Investment (FDI) in the Indian media. In a memorandum to to Prime Minister Manmohan Singh, the All India Newspaper Employees' Federation, the Federation of PTI Employee Unions and the UNI Workers Union said that the 1955 cabinet decision taken under the Prime Ministership of Jawaharlal Nehru, to keep the FDI out of the Indian media should be given the sanctity of law through an Act of Parliament. "

Source: The Hindu

Posted by Valérie Gazzano on November 29, 2004 at 12:45 PM in b. Alliances and partnerships | Permalink


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