The Ministry of Information and Broadcasting is in the process of seeking Cabinet approval on financial restructuring of Prasar Bharati. Minister of Information and Broadcasting Ambika Soni said this in a written reply in the Lok Sabha today. She said Prasar Bharati has been facing various financial and administrative issues since its inception. This has hampered its smooth functioning. But the long-standing issue regarding the status of its employees has since been settled. All officers and employees who were regularly recruited upto October 05, 2007 have been placed on deemed deputation till retirement with all benefits on par with the Government servants. The personnel recruited afterwards will be Prasar Bharati employees, Mrs. Soni said.