Indian Magazine Congress discusses tough times

Maheshwar Peri, publisher, Outlook and president, AIM kicked off the fourth edition of the India Magazine Congress. He spoke about the recent move by the government to allow 26% FDI in news and current affairs. He said that the AIM members should discuss with the government to have more liberalisation in policies. Peri also said that in the magazine business in India, capital investment has remained safe even though the returns on investment are uncertain.