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Friday, September 28, 2012

Prasar Bharati's plans for DD and AIR to bridge fiscal deficit

Source: Indiantelevision.com's News Headlines
Date: 27th September 2012 7:52 pm

NEW DELHI: Prasar Bharati is striving to bridge the gap between its annual expenditure and revenue amid government pressures to lean less on it for financial support.

While the government has made it clear that it will only fund the capex requirements and expenses towards salaries, the pubcaster has settled on an operational expenditure capped at Rs 20 billion for the fiscal while its income hovers in the region of Rs 16 billion as it competes against private television and radio broadcasters.

So how does Prasar Bharati cut its financial coat to match the cloth that it has? The pubcaster, which has to look after Doordarshan and All India Radio (AIR), is banking on generating additional revenue of Rs 4 billion with aggressive marketing to promote its clutch of channels and radio stations.

Link: http://www.indiantelevision.com/headlines/y2k12/sep/sep283.php

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