I & B Ministry hikes advertisement rates for print media by 25 percent

I & B ministry hikes advertisement rates for print media by 25 percent

Question: Information & Broadcasting Ministry hiked the advertisement rates for print media on the recommendation of-
(a) 8th Rate Structure Committee
(b) 9th Rate Structure Committee
(c) 7th Rate Structure Committee
(d) 6th Rate Structure Committee
Answer: (a)
Related facts:

  • Ministry of Information & Broadcasting hiked advertisement rates for print media by 25 percent w.e.f. 8th January, 2019 and will be valid for three years.
  • The decision taken was based on the recommendations of the 8th Rate Structure Committee, constituted by I&B Ministry, which took into account several factors including increase in price of news print, processing charges and other factors effecting the computation of advertisement rates.
  • The last such revision took place in 2013 when an increase of 19% had been announced over and above the rates of 2010.

Links:
http://www.pib.nic.in/Pressreleaseshare.aspx?PRID=1559153
http://www.newsonair.com/Main-News-Details.aspx?id=357760
https://www.business-standard.com/article/pti-stories/i-b-ministry-hikes-advertisement-rates-for-print-media-by-25-pc-119010801195_1.html

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