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You can rent cameras and take studio equipment for lease .which would approximately cost you around 5 lakh monthly for a basic setup.
It would take around 1 lakh to register a media company for which you also get substantial benefits.
Then you need an office and at least 5 computers of high end conformation and fittings to operate the channel. This would cost you a primary amount of 2 lakh / space rent *
6 month advance equalling 12 lakh and first month rent plus one month security altogether 16 lakh) and for electronic equipment you need 7 lakh in hand including PC's routers and printing machinery
After that if you want to air your programs you need 15-20 lakh per month for SD QUALITY, just like renting a server space to publish your things into world wide web.
Thereafter, if u purchase the original software that would cost you 2-3 lakh / year.
Totally it cost around 60 lakhs.
However content requires to be transmitted through the frequency for which you may need to fund and work on.
After that you can get the necessary documentation, fees and the funds for the same.