Wednesday, Jun 26, 2002
Wednesday, Jun 26, 2002 |
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By Our Special Correspondent
He said at a press conference here that the Vajpayee Government ``seemed to lack the capacity to of take decisions after careful consideration.'' The decision was highly objectionable and could cause immense harm to the country's interests. TDP opposes decision PTI reports: Key BJP ally, the Telugu Desam, today joined the Opposition parties in slamming the Government's decision, saying it went against the national interest. The TDP leader, K. Yerrannaidu, said his party would oppose it in Parliament. The Indian Newspaper Society (INS) president, Pratap Pawar, said the move would sound the death knell of small and medium newspapers besides badly affecting the large newspapers. A majority of the 700-odd members of the INS were opposed to the decision which would be a ``compromise on national interest''. The vice-president of the Mathrubhumi group of newspapers, M.P.Veerendra Kumar, said India was selling a ``part of its sovereignty'' and the move was ``dangerous and catastrophic.'' The Eenadu group of publications Chairman, Ch. Ramoji Rao, said he had presented a very clear case to the Parliamentary Standing Committee on Information Technology in Print Media against taking such a decision. ``I was happy when the committee looked into the case and recommended against allowing FDI in the print media. But I am really not happy with today's decision.''
`Motivated criticism'
In a joint statement, Aroon Purie of India Today, Shekhar Gupta of Indian Express, Narendra Mohan of Dainik Jagran, T.N. Ninan of Business Standard and Chandan Mitra of The Pioneer said the decision gave the print media a more level-playing field than before. ``The print media has been losing out in growth and reach, as well as in advertising, to the television industry, which has had no restriction on foreign ownership.'' It said there has been some motivated criticism about national security being endangered, which was ``wholly misplaced''. ``We welcome the safeguards the Government has put in place to ensure that editorial and management control remains in Indian hands.'
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