AROI seeks Rs 300 crore relief package from MIB for Radio Industry
The Association of Radio Operators for India (AROI), an industry body representing the interests of the private FM channels, has written to Minister of Information and Broadcasting, Prakash Javadekar seeking a relief package worth Rs 300 crore. According to the letter, without immediate support of MIB the private FM players might incur a loss of Rs 600 crore by September.
AROI President Anuradha Prasad stressed in the letter that the relief package would be critical in keeping the radio industry afloat in the coming months. She also expressed her dissapointment that the financial packages announced by Government of India until now had no effect on private FM channels. This is the third time that the AROI has written to the government.