Extension of stimulus package for print media

Press Trust Of India

New Delhi: The Government on Monday announced the extension of stimulus package, including a 10 per cent increase in government advertisement rates, given to print media for another six months ending this December.

In his speech, Finance Minister Pranab Mukherjee said the stimulus package given in February this year has been extended from June 30 to December 31 this year.

"In February this year, the print media was given a stimulus package comprising waiver of 15 per cent agency commission on DAVP advertisements and a 10 per cent increase in the DAVP rates to be paid as special relief subject to documentary proof of loss of revenue in non-governmental advertisements," he said.

(For updates you can share with your friends, follow IBNLive on Facebook, Twitter, Google+ and Pinterest)

Comments (0)

All comments will be published after moderation

Trending Searches

#Rafael Nadal #Tobacco #Lhasa #Kolkata Knight Riders #Indian Premier League #Aamir Khan #Viswanathan Anand #Essar Group #Multiple sclerosis #BSE Sensex #Narendra Modi #Jagan #Bharat Bandh #MHADA #VK Singh #UDF #Naveen Patnaik #Manmohan Singh #Kerala