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Government not to extend December 31 deadline for Pvt FM radio services

18-October-2001
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Government not to extend December 31 deadline for Pvt FM radio services

The deadline for private FM radio service providers has been set for December 31. According to the Information & Broadcasting minister Sushma Swaraj, the government plans to forfeit the bank guarantees of the defaulting companies.

Addressing the Economic Editors Conference 2001, the minister charted out the progress in the rollout of services by the private FM radio companies. Pointing out the problem faced by the private FM radio operators in metro, the minister said, the agreement between AIR and FM radio service providers is being finalised.

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Kranti Gada joined the family business at Shemaroo in 2006 after a successful stint of over two years in marketing at Pepsi Co. She has been associated with the company for 12 years.