The government has announced a significant move to enhance the regulation of Over-The-Top (OTT) services. Union Minister of State for Information and Broadcasting and Parliamentary Affairs, L Murugan, made this announcement on October 23. The proposed draft policy is currently being circulated for public feedback and input, and once the responses are collected, it will be presented in Parliament to address content displayed or broadcast on OTT platforms. This initiative follows ongoing discussions regarding the need for a comprehensive regulation framework, as numerous concerns have been raised about the current self-regulatory guidelines.

Numerous Complaints Regarding OTT Content

The Union Minister highlighted that under the existing self-regulatory framework, OTT service providers often include disclaimers indicating that certain content is meant for mature audiences or recommends parental guidance. However, these measures have not prevented a significant number of complaints regarding the content available on these platforms. Many complainants argue that several OTT providers routinely overlook these guidelines, which has compelled the government to devise a more systematic policy for regulating the content presented on these services. The objective is clear: to ensure that objectionable material is not permitted on these platforms. To this end, the government is actively seeking feedback from industry stakeholders to comprehensively address viewers' interests.

In addition to regulating OTT content, the government is considering expanding the role of private FM channels. Currently, news broadcasting is restricted to the government-run radio channel, Akashvani (All India Radio). Once approved, private FM radio stations will be permitted to deliver news content, allowing for a more diverse news landscape. Feedback is also being solicited from industry representatives regarding this initiative.

Other Developments in Telecom

In related news, there are reports suggesting that private telecom companies might contemplate reversing recent price hikes. The Cellular Operators Association of India (COAI), which represents these telecom providers, has submitted a formal petition to the government, urging a review of the license fee imposed on telecom operators. This initiative could potentially lead to more favorable conditions for consumers amid increasing costs associated with telecom services.

As the government moves forward with these proposed regulations, the focus will remain on balancing the interests of consumers, content creators, and service providers, ensuring a more robust and accountable OTT landscape in India.

For further insights, explore the Best IPO to Apply Now - IPO List 2024, Latest IPO, Upcoming IPO, Recent IPO News, Live IPO GMP Today - Finance Saathi and stay updated with Top News Headlines - Share Market News, Latest IPO News, Business News, Economy News - Finance Saathi.

Join our Trading with CA Abhay Telegram Channel for regular Stock Market Trading and Investment Calls by CA Abhay Varn - SEBI Registered Research Analyst & Finance Saathi Telegram Channel for Regular Share Market, News & IPO Updates.

Start your Stock Market Journey and Apply in IPO by Opening a Free Demat Account in Choice Broking FinX.