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From news to real estate: P Sainath on how corporate power is undermining media freedom

By Rajiv Shah 
The other day, P. Sainath was in Ahmedabad to deliver a lecture on the *"Role of Media in Democracy: Prospects and Retrospect." An excellent speaker, he is not just a left-wing rural journalist but also an erudite scholar. This was the second time I listened to him in Ahmedabad. The last time I attended his lecture was in 2017, when he told me, on the sidelines of a function organised by an NGO, that he “differed” from Dr B.R. Ambedkar’s view that rural-to-urban Dalit migration would help annihilate casteism.

Frankly—call it my inertia or whatever—I am not very familiar with Sainath’s recent writings, though from time to time I do read some of the very in-depth reports focusing on rural India on the excellent site he has been running for about a decade, People’s Archive of Rural India (PARI), which is, for all practical purposes, a virtual database for learning or understanding anything about how people live and work in rural India.
Not that I wasn’t familiar with Sainath earlier. As part of a Times of India project, I remember reading his in-depth reports in the paper in the 1990s, after I joined in Ahmedabad in 1993. However, at that time, from what I can remember, he concentrated more on doing stories on rural India. The latest lecture, which he gave in Ahmedabad on September 6, 2025, for the first time familiarised me with his worldview on the increasing concentration of wealth in India—especially in the media—and how it is adversely impacting Indian democracy.
According to Sainath, this concentration of wealth began soon after Independence, when the Nehru government, in its bid to give a helping hand, gave away land to top media houses for peanuts at prime spots—for instance, in Nariman Point in Bombay (now Mumbai) and Bahadurshah Zafar Marg in Delhi. This, he said, turned them into real estate barons: building multi-storey buildings on these prime plots, the media houses rented out all other floors—except for one, kept for publishing the newspaper—helping them amass huge wealth.
Today, said Sainath, these media houses are also powerful real estate developers. He quoted an interview Vineet Jain, one of the owners of the Times of India group, gave to the New Yorker. Jain, according to him, said, “We are not in the newspaper business; we are in the advertising business.”
I immediately wondered if this was a sharp change from the view held in the mid-1990s, when, while addressing a few of us “seniors” of the Times of India, Vineet Jain’s elder brother, Samir Jain, had said we should remember the paper was in the business of news, emphasising that the Times of India was a family business and had no social agenda. Then he turned to the whiteboard behind him and wrote “liberal social agenda”, crossing it out. He turned to me to ask if I agreed, and out of curiosity, I asked him, “Sir, what about a liberal political agenda?” Visibly embarrassed, he quietly said, “That of course is there...”
Stating how media has changed over time with the rise of television and digital media, Sainath said the corporate hold over media has further solidified, with top tycoon Mukesh Ambani controlling nearly 40 percent of all media in India today, buying up stakes in one outlet after another. Also referring in passing to Gautam Adani’s takeover of NDTV, he pointed out that politicians too are now deeply involved in the media business—owning several TV channels across India, especially in the South. 
Stating how this has adversely impacted media coverage, Sainath said, there are several reporters covering Bollywood and business, but was for poverty and rural India, which makes up to nearly two thirds of India, there is no reporter.  
Giving figures worth trillions of rupees related to corporate ownership of Indian media, Sainath then discussed how, with the rise of digital media, there has been further concentration of wealth. According to him, four major corporate houses across the globe now control the strings of digital media—they have access to all the data uploaded to digital platforms. With the Government of India seeking to further control digital media by proposing new laws, an attack on press freedom seems imminent, he added.
Giving examples, Sainath said there was an attempt during the Covid period to control media after Reporters Without Borders ranked India 161st out of 180 countries in the World Press Freedom Index. A committee was formed, consisting mainly of government bureaucrats, to counter the index results. Only two journalists—including himself—were included. He said he joined on the condition that media freedom would be ensured. However, after finding his interventions too strong, the committee, which was headed by the Cabinet Secretary, eventually “disappeared”.
Now, said Sainath, there is a move to introduce a law that would impose a huge income tax on non-profit media houses. Pointing out that non-profit organisations like PARI, which he owns, and The Wire, are likely to suffer the most as a result of this move, he said the intention is to squeeze independent media outfits that have emerged over the last decade. This would take away ₹1 crore out of the approximately ₹2.5 crore that PARI raises annually to run its digital operations. He called upon the largely receptive audience—gathered at the invitation of top veteran Gujarat economist Prof. Indira Hirway—to financially support such independent media.
Later, talking informally, I asked Sainath a pointed question: would PARI, which is a digital media platform, have been possible 10 or 15 years ago, when internet penetration was low? He replied that he had started thinking of the PARI project 15 years ago. However, he admitted it was impossible for him to go into print or TV media, as it was too costly—one reason why he opted for the digital route.
I further asked him whether it was possible for ordinary journalists or people aspiring to share news to do so 15 years ago, as is now possible through blogging platforms and social media. To this, he replied that reaching out to readers is a huge issue. Algorithms control what gets propagated. If you’re willing to pay for services on platforms like X, for instance, you have a chance of reaching a wider audience—otherwise not.

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