The Indian media, which is usually leading the pack in calling for more liberalization across all sectors of the economy, is scared of liberalization of the Media. Vested interests are threatened, and
their reaction is entirely predictable:
The government's move to allow Indian editions of foreign news and current affairs magazines has drawn flak from political parties, leading editors and opinion-makers who feel that this would undermine the media's right to freedom of expression, as enshrined in the Constitution, and will be detrimental for the Indian media.
You can read the rest of the article if
one-sided coverage is your thing.
I am quite surprised that one of the arguments being proffered against liberalization of media is the "media's right to freedom of expression", because it makes no sense whatsoever. The other line of argument is that it will be "detrimental for the Indian media", which could be true if you change it to "detrimental for the owners of Indian media" because competition will probably reduce the profit margins.
The common man can only gain from such liberalization, because competition usually leads to better quality. As it is, the quality of news coverage in the India media can't possibly get any worse. This is why I find this quote from the article quite hilarious:
Nai Dunia chief editor Abhay Chhajlani agreed with Raut on the issue of the decisive role played by the media. Chhajlani said that foreign investors would focus on profitable returns and not on the providing people with a product that was suited to their ethos. (emphasis mine)
Yeah, right. Is the Indian media a non-profit venture? And looking at the "products" being provided by the Indian media, one might conclude that the only thing that suits the Indian "ethos" is tabloid journalism.
The opposition to this move is nothing but protectionism, the very same thing that these media houses have been opposing for quite a while. Unfortunately, one can't expect their columnists to take an independent and fair view in this case (keep an eye on
Swami and
Gurcharan Das, just in case). That should tell you all that there is to know in this affair.