INDIA: Four pvt FM stations to be soon in HP

Private broadcasting stations to be set up in state of Himachal Pradesh to improve quality and reach of programming

Times of India
Friday, October 21, 2005

Shimla --- Four private FM radio broadcasting stations would soon be established in the state to ensure quality dissemination of programmes, Station Drector All India Radio Ashok Jairath said here on Friday.

Jairath said the interesting party would be required to furnish annual report and audited final accounts for the last three year and in the case of new company, balance sheet from the date of incorporation till March 31, 2005, along with its net worth as on September 30, 2005, to support its financial competence.

He said a total number of 338 FM radio channels in 91 cities across the country are proposed to be offered to private sector through competitive bidding. The last date for receipt of application is November 7, 2005, he said.

He said tendered document would be available on website of Ministry of Information and Broadcasing www.mib.nic.in