Union information and broadcasting Secretary Amit Khare Thursday warned against monopolies in the media and entertainment sector and batted for self-regulation as a better approach for the sector than a government-appointed watchdog. Addressing an industry event here, he also called for a diverse media ownership saying monopolies should be avoided in the sector.
“With the advancement and convergence of technologies, government would like to have more of self-regulation by the media and entertainment sector, rather than the state acting as a monitor,” Khare was quoted as saying.
Given the numerous channels through which content is distributed, self-regulation is also an administratively feasible option and that peer pressure will also serve to make self-regulation effective and ethically-driven.
He observed that media regulations have historically been developed according to the medium or platform, and not based on content.
Observing that the media and entertainment sector is one of the fastest growing industries, he said the sector also plays an important role in job creation and already employs over 1 million.
“Also, for every rupee spent in the sector, there is a multiplier effect of around 2.9,” he said. — The Indian Express