I&B Ministry forms task force to combat rising piracy threat

Mumbai: The ministry of information and broadcasting (MIB) has set up a task force to combat piracy, which is estimated to cause an annual revenue loss of $2.5 billion to the media and entertainment business, a top industry executive said.

MIB secretary Sanjay Jaju informed senior members of the Confederation of Indian Industry (CII) about the setting up of the task force during a meeting on Monday, said Gaurav Banerjee, the recently appointed chairman of CII’s National Council on Media and Entertainment.