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A blank in 2009, wait for FM radio policies this year
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Quote:Promises, more promises, and no action. That is what the private FM radio operators felt as the government blanked out any reforms in 2009 that would have fuelled growth in the sector.

Want Phase III expansion? Wait for 2009. Want a hike in foreign direct investment (FDI)? Will take time to study the Trai recommendations. Want to broadcast news? Can't tell now.

Private FM radio operators, though, go into 2010 with a lot of hope that the door will open for more liberal policies. They don't forget the words of Information and Broadcasting Minister Ambika Soni at the World Economic Forum's India Economic Summit in November 2009: that a note is being finalised for the Cabinet to recommend an increase in FDI limit and allowing Akashvani-sourced news on private FM radio channels.

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