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Ad agencies, govt bodies owe Rs 151.93 cr to Doordarshan: Rathore
NEW DELHI: As on 31 January 2016, pubcaster Doordarshan’s outstanding dues including interests against 623 advertising agencies and government bodies stand at Rs 151.93 crore (Rs 1.52 billion), Minister of State in the Ministry of Information & Broadcasting Rajyavardhan Rathore has informed the Lok Sabha.
Prasar Bharati has informed that certain companies/producers owe payments to Doordarshan. However, this amount is nil in the case of All India Radio (AIR) as no companies/producers are producing any programmes for the radio broadcaster, Rathore stated.
The pubcaster has initiated arbitration proceedings/court cases against 83 agencies for claiming Rs 269.97 crore (Rs 2.7 billion) in principal amount and Rs 308.68 crore (Rs 3.1 billion) in interests.
The largest chunk of the outstanding amount is against 25 agencies against whom the arbitration proceedings are going on. The 25 agencies owe Rs 172.67 crore (Rs 1.7 billion) in principal and Rs 167.67 crore (Rs 1.7 billion) in interest to DD.
Prasar Bharati and Doordarshan are pursuing the defaulters for recovery of the dues. About 83 cases are pending in courts for arbitration and out-of-court settlement, the minister stated.
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