The players, particularly in the north east, are now hoping for approval of the proposal by new Information and Broadcasting Minister Ambika Soni.
TRAI had recommended that the rate of annual fee be reduced to 50 per cent of what is being charged from all the existing permission holders in other areas, for private FM radio broadcasters in North east and Jammu and Kashmir region for an initial period of three years. Apart from this region specific recommendation, it was also proposed that the minimum annual fee for a district be calculated based on five per cent of reserve OTEF (One Time Entry Fee) across India.
Detail story on http://www.radioandmusic.com
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