News Agencies are now more relevant than ever. The current political scenario has made many people interested in what the news channels have to say. It has paved the way for more entrepreneurs to try out an establish their own news channels.
However, to make your first news channel a success, you must know about the exact process to get started. You must know about the :
- Technical components you need to procure.
- legal requirements you need to fulfil, and
- Budget you need to make
Without care for the above three aspects, news agencies wouldn’t exist in India. Therefore, through this article, we will go through all these aspects in so that you can get started the right way. Trust Registration
Technical Requirements that you need to fulfil for News Agency
To start a news agency, other than the obvious requirement of a building from where you’ll shoot the news, you’ll need the following:
- Uplinking facility so that you can transmit your news contents to the satellite.
- Using SNG equipment in C Band and KU Band.
To establish an uplinking facility and to use the SNG equipment, you need the permission from Ministry of Information and Broadcasting.
Permissions you need to establish the equipments to establish a news agency:
- Permission to setup uplinking hubs
- Permit to uplink news and current affairs TV channels.
- Authorization to uplink a news agency, and
- Approval to use the SNG Equipment over C and KU bands.
Eligibility criteria to obtain said permissions
You can only obtain the permission that we have above-mentioned permissions if the Ministry of Information and Broadcasting deems you eligible for it. The eligibility criteria are as follows:
- For setting up uplinking hub:
- You should have a company registered under Companies Act, 2013
- The minimum net worth of that company should be INR 3 Crore.
- For Uplinking your Indian news channel:
- You should have a company registered under Companies Act, 2013
- The minimum net worth of that company should be INR 20 Crore.
- Your company must have accreditation from Press Information Bureau
- The owners of that company should all be Indian. Read More: Startup Registration
How to obtain new agency registration
If you fulfil all the eligibility criteria, all remains is for you to apply for news agency registration. The procedure relies on the following documents that you must procure on a priority basis:
- Application processing fee
- Duly filled Form-1
- Affidavit in Form 1A and IC for up-linking
- Affidavit in Form 1A and IB for down-linking
- Shareholding pattern of the company
- Certificate of incorporation
- List of directors of the company
- Data of the directors
- Audited Balance sheet of the last three years till the date of application filing
- Profit and loss statement of the last three years till the date of application filing.
- FDI calculation sheet
- TSP agreement
- Satellite Lease agreement
- Transponder details
- technical specifications of all the equipments at your premises
- Project report
- Block schematic diagram of the downlinking distribution
- List of enclosures
- PIB accreditation certificate copy
- Fix point Chart.
After furnishing those documents, you need to follow the steps as given below:
- Apply for individual permissions to the MIB
- Submit those documents
- The application will be first assessed and if accepted, you’ll receive the permission agreement in Form 2
- You’ll then receive the approval to obtain approval from WPC
- Submit the license fee and loyalty to Wireless Planning and Coordination wing and you’ll obtain the News Agency registration.
Conclusion
News agency registration requires the approval of Ministry of Information and Broadcasting. Because you need to obtain multiple permissions to complete the process, you must consider each of them separately before finally applying for news agency license in India.
Related Post: NLD License
How to start a news agency in India? Know about the different permissions you need to procure to establish a news agency in India. For further details, contact Registrationwala.
