Newsprint Import Duty Gone, Higher Govt Ad Rates; Is This

In a late evening announcement yesterday, the finance ministry has exempted newsprint, glazed newsprint and light weight newsprint used for printing magazines from customs duty.

Business Standard reports that the government has also decided to increase the ad rates paid by various government agencies, through the department of advertising and visual publicity, by 15%. In addition to it, the report says, the discount of 15% will also be removed, effectively raising DAVP ad rates by 30%. The paper said an announcement to this effect will be made today.

Acting information and broadcasting minister Anand Sharma said last week that the government will soon announce a

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