Indian Newspaper Society Calls For Ban On News Platforms With Chinese Investment

Indian Newspaper Society Calls For Ban On News Platforms With Chinese Investment

SUMMARY

INS approached Centre to call for a ban on news platforms with Chinese investment

The call for a ban was in response to the Chinese government blocking access to Indian news portals

On Monday, India blocked access to 59 Chinese apps citing concerns about data privacy

Indian news publishers have asked the centre to ban all news platforms in India with Chinese investment, in response to the Chinese government blocking access to Indian news portals. The call to ban China-backed news portals comes two days after India banned access to 59 Chinese apps such as TikTok, Helo and WeChat among others, citing threats to data privacy and security. 

Ban On Indian News Portals In China Uncalled For

Shailesh Gupta, President, Indian Newspaper Society (INS), called for the ban, pointing out how Indian news outlets have been banned in China and cannot be accessed even through a Virtual Private Network (VPN) because of an advanced firewall raised by the Chinese government. Shailesh Gupta called China’s ban on Indian news portals “uncalled for” and urged the government to “expeditiously” ban all access to China-backed media portals. 

Gupta was also backed by Pawan Agarwal, head of the Digital News Publishers Association (DNPA), who said that the ban would ensure that “biased information” does not reach Indian readers. “It is time we accorded India’s security and sovereignty the utmost priority,” he said.  

Notably, Bangalore-based Indian news and content aggregator Dailyhunt, with 330 million monthly active users as of May 2020, has also received investment from ByteDance, an internet technology company headquartered in Beijing, China. ByteDance also owns TikTok. Repeated calls to the INS requesting the names of some other news portals in India with Chinese investment yielded no answer. 

The call to ban China-backed news portals comes amid growing anti-China sentiment among the Indian masses after border clashes between the two nations in Ladakh’s Galwan Valley on the intervening night of June 15 and 16 left 20 Indian soldiers dead. Last week, major ecommerce portals in India were asked to display the ‘Country of Origin’ tag for all the products listed on their website. The Government e-Marketplace (GeM) already follows this practice. 

FDI From China To Require Government Approval

In April this year, India introduced a major change in its Foreign Direct Investment (FDI) policy, by mandating that all investments from neighbouring countries, including China, will require the government’s approval. The government’s decision closed the ‘automatic route’ of investment for these countries. The move was aimed to stall opportunistic takeovers of Indian companies as the economy underwent a slump due to the COVID-19 pandemic. Earlier that month, China’s Central Bank had bought a 1% stake in HDFC bank when the latter’s shares had plummeted in the stock market. 

In May this year, the central government was also reported to be mulling over tightening norms for Foreign Portfolio Investors (FPI) from China and Hong Kong. To incorporate these changes, the finance ministry was in talks with the commerce ministry and other regulators including the Stock Exchange Board of India (SEBI) and the Reserve Bank of India (RBI).

Step up your startup journey with BHASKAR! From resources to networking, BHASKAR connects Indian innovators with everything they need to succeed. Join today to access a platform built for innovation, growth, and community.

Note: We at Inc42 take our ethics very seriously. More information about it can be found here.

You have reached your limit of free stories
Become An Inc42 Plus Member

Become a Startup Insider in 2024 with Inc42 Plus. Join our exclusive community of 10,000+ founders, investors & operators and stay ahead in India’s startup & business economy.

2 YEAR PLAN
₹19999
₹7999
₹333/Month
UNLOCK 60% OFF
Cancel Anytime
1 YEAR PLAN
₹9999
₹4999
₹416/Month
UNLOCK 50% OFF
Cancel Anytime
Already A Member?
Discover Startups & Business Models

Unleash your potential by exploring unlimited articles, trackers, and playbooks. Identify the hottest startup deals, supercharge your innovation projects, and stay updated with expert curation.

Indian Newspaper Society Calls For Ban On News Platforms With Chinese Investment-Inc42 Media
How-To’s on Starting & Scaling Up

Empower yourself with comprehensive playbooks, expert analysis, and invaluable insights. Learn to validate ideas, acquire customers, secure funding, and navigate the journey to startup success.

Indian Newspaper Society Calls For Ban On News Platforms With Chinese Investment-Inc42 Media
Identify Trends & New Markets

Access 75+ in-depth reports on frontier industries. Gain exclusive market intelligence, understand market landscapes, and decode emerging trends to make informed decisions.

Indian Newspaper Society Calls For Ban On News Platforms With Chinese Investment-Inc42 Media
Track & Decode the Investment Landscape

Stay ahead with startup and funding trackers. Analyse investment strategies, profile successful investors, and keep track of upcoming funds, accelerators, and more.

Indian Newspaper Society Calls For Ban On News Platforms With Chinese Investment-Inc42 Media
Indian Newspaper Society Calls For Ban On News Platforms With Chinese Investment-Inc42 Media
You’re in Good company