Cash-strapped
Prasar Bharati asked to raise revenue |
A parliamentary panel has voiced concerns over the precarious financial
condition of Prasar Bharati and suggested that the public broadcaster take
a host of initiatives to generate additional revenue to bear burgeoning
operational costs.
The parliamentary standing committee on IT submitted its report to both
houses of parliament on 27/03/2012.
The panel said its
examination of budgetary documents revealed that the revenue receipts of
Prasar Bharati had been gradually sliding, and the gap between revenue
receipts and expenditure was steadily increasing.
The revenue projections for 2010-111 were Rs.1,562.37 crore against which
the revenue receipts were Rs.968.69 crore, leaving a gap of Rs.1,773.14
crore, said the panel's report.
In view of the
information and broadcasting ministry's observation that the entire
financial reserves of Prasar Bharati will be wiped out if this trend
continued, the panel exhorted the broadcaster to generate adequate
revenue.
The panel pointed out the the outcome budget for 2011-12 mentioned that
All India Radio can generate revenue through schemes like sharing of
Prasar Bharati's infrastructure such as towers, building and land with
private broadcaster and mobile service providers and providing value added
SMS-based service.
"It is inexplicable
why Prasar Bharati has not been able to implement these schemes which in
their own admission can generate revenue though public-private
participation for 10-15 years," said the panel report.The committee said
it was of the opinion that the broadcaster can enhance its revenue by
implementing these schemes and by adopting suitable marketing strategies,
content improvement and DTH services.
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