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WORLD PRESS TRENDS - World Association of Newspapers

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INDIA<br />

Main economic indicators 1995-2001<br />

1995 1996 1997 1998 1999 2000 2001<br />

1 US$= 47.19 Rupees at 2001 rate<br />

Gross Domestic Product (Rupees billion)<br />

at current prices 11,880 13,682 15,226 17,409 19,296 20,880 22,888<br />

% change 17.6 15.2 11.3 14.3 10.8 8.2 9.6<br />

at 2001 prices 17,737 18,741 19,466 19,661 20,816 21,648 22,888<br />

% change 6.7 5.7 3.9 1.0 5.9 4.0 5.7<br />

Gross Domestic Product per capita (Rupees 000)<br />

at current prices 12.9 14.6 15.9 17.9 19.6 20.8 22.5<br />

at 2001 prices 19.2 19.9 20.4 20.2 21.1 21.6 22.5<br />

Population<br />

Millions 922.0 939.5 955.2 970.9 986.6 1,002.1 1,017.5<br />

Consumer Price Index<br />

2001=100 67.0 73.0 78.2 88.5 92.7 96.5 100.0<br />

% change 10.3 9.0 7.1 13.2 4.7 4.0 4.0<br />

Ad.spend as a % <strong>of</strong> GDP<br />

0.33 0.35 0.37 0.31 0.31 0.34 0.36<br />

Advertising Expenditure Growth (%)<br />

at current prices 18.7 20.9 19.0 -4.6 12.2 18.8 15.1<br />

at 2001 prices 7.7 10.9 11.1 -15.7 7.2 14.2 11.0<br />

Source: IFS, ZenithOptimedia<br />

Research<br />

Circulation is audited by: Audit Bureau <strong>of</strong> Circulation<br />

Readership is measured by: National Readership Survey Council<br />

Taxes<br />

VAT on: sales 0 advertising 0<br />

newsprint 0 plant 0<br />

composition 0 (standard VAT rate 0)<br />

Newsprint: only those who actually use newsprint may import<br />

it, paying 5.5% custom duty.<br />

Discounts<br />

on: post - special tariff for registered newspapers<br />

Ownership<br />

Does any law exist governing publishing-house ownership, or the<br />

registration <strong>of</strong> shares in newspaper-publishing companies No<br />

Is there any law prohibiting or restricting foreign companies or<br />

individuals from owning shares, and in particular, the majority <strong>of</strong><br />

shares, <strong>of</strong> daily newspapers Yes. No foreign company or<br />

individual can be a shareholder in an Indian company that<br />

publishes newspapers/periodicals. Under the Registration <strong>of</strong><br />

Books Act 1867 and the Registration <strong>of</strong> <strong>Newspapers</strong> (Central)<br />

Rules 1956, details <strong>of</strong> all books and periodicals must be declared.<br />

Under these rules the nationality <strong>of</strong> the publisher and editor<br />

must be stated as well as details <strong>of</strong> all individuals holding more<br />

than 1% <strong>of</strong> the total capital, to the Registrar <strong>of</strong> <strong>Newspapers</strong> <strong>of</strong><br />

India. If any foreign ownership is disclosed, the Registrar will<br />

decline to register the newspaper/periodical.<br />

Is there any law prohibiting daily newspaper or periodical publishers<br />

from operating radio or television stations in the same locality The<br />

question does not arise in respect <strong>of</strong> terrestrial TV and radio,<br />

which is all state-owned. The Indian press may set up<br />

newspapers wherever it wishes.<br />

To guarantee disclosure and transparency in the capital structure and<br />

to avert silent partnerships, is there a law or rule making it possible to<br />

determine who actually owns a publishing company The law<br />

requires annual publication <strong>of</strong> newspaper ownership, naming<br />

the shareholders.<br />

Is further regulation <strong>of</strong> media concentration expected No<br />

<strong>WORLD</strong> ASSOCIATION OF NEWSPAPERS - <strong>WORLD</strong> <strong>PRESS</strong> <strong>TRENDS</strong> 2003 143

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