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Cabinet approves rollout of private FM Radio in 234 new cities and owns

BNE News Desk , August 31, 2024
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New Delhi: The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the rollout of Private FM Radio to 234 uncovered cities and towns across India. This decision is part of the third batch of ascending e-auctions under the Private FM Radio Phase III Policy, which will offer 730 channels in these new locations. The estimated reserve price for these auctions is set at Rs,784.87 crore.

A state-wise list of the cities and towns, along with the number of Private FM channels approved for fresh auctions, is included as an annexure.

The Cabinet has also sanctioned an Annual License Fee (ALF) for these FM channels, which will be 4% of the Gross Revenue, excluding Goods and Services Tax (GST). This fee structure will be applicable to the newly covered 234 cities and towns.

The expansion of Private FM Radio into these new areas is expected to address the unmet demand for FM radio, bringing fresh and localized content in regional languages. It will also support the creation of new employment opportunities, promote local dialects and cultures, and advance the "Vocal for Local" initiative.

Notably, many of the cities and towns included in this rollout are located in Aspirational districts, Left Wing Extremism (LWE) affected areas, and border regions. Establishing Private FM Radio stations in these areas is anticipated to enhance government outreach and strengthen communication with local populations.