I&B Ministry hikes ad rates for print media by 25%
The last such revision had taken place in 2013 when an increase of 19% had been announced over and above the rates of 2010.
Published - 08-January-2019
Ministry of Information & Broadcasting has taken a decision to revise the advertisement rates for print media by announcing a hike of 25 per cent over and above the existing rate structure for advertisement in print media by the Bureau of Outreach and Communication (erstwhile DAVP).
A press release uploaded on the website of the Press Information Bureau of India said that the decision will be effective from January 8 and will be valid for a period of three years. The last such revision had taken place in 2013 when an increase of 19 per cent had been announced over and above the rates of 2010.
This decision has been taken based on the recommendations of the 8th Rate Structure Committee constituted by I&B Ministry which took into account several factors, including the increase in price of news print, processing charges and other factors which go into the computation of advertisement rates.
The press note also sad that this decision benefit especially the medium and small newspapers including a large number of such papers in regional and vernacular languages.For more updates, subscribe to exchange4media's WhatsApp Channel- https://bit.ly/2QUdLCK