India, Oct. 26 -- The Enforcement Directorate investigation into NewsClick has alleged that approximately Rs 85.59 crore reached the digital news portal through two principal routes: Rs 9.59 crore presented as foreign direct investment and approximately Rs 76 crore described as payments for media services.

The agency has alleged that the arrangements were structured to circumvent regulations governing foreign funding of news organisations.

Foreign investment in India's news media sector is subject to regulatory restrictions. In September 2019, the government introduced a 26% cap under the government approval route for foreign direct investment in entities uploading or streaming news and current affairs through digital media. The ED's al...