The policy of liberalization, which is generally observed as the policy of the state to withdraw from economic activities and to leave it in the hands of private individuals and corporations in a free market economy, was considered as the product of internal and external economic compulsions in early nineties, and part of globalization package of IMF and World Bank, that inaugurated a new chapter in the history of the mass media in India. The first newspaper in India was published as late as in 1780. It was in the language of the colonizer, English and the person who was credited, as the founder of the first newspaper was an English man. The Indian Press has been a private, commercial enterprise from the days of its pioneers. Today, individuals, media organizations, joint stock companies, many industrial and commercial ventures, constitute the rest. About two and quarter centuries ago, from a small beginning, newspaper in India have come a long way.