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Rs 30 cr proposed to clear newspapers advt dues

By Staff Reporter
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GUWAHATI, July 26 - Finance Minister Himanta Biswa sarma today proposed allocation of Rs 3,000 lakh (Rs 30 crore) to clear the outstanding advertisement dues of the newspapers.

In his Budget speech, Sarma said that the Government is aware of the long pending dues of the print media against Government advertisements. He said that the main problem was that the Government had issued advertisements without assessing the reach and target audience.

He proposed to streamline the entire mechanism so that the newspapers do not get deprived of their rightful payment on time. He said that a system would be put in place to ensure that the payments are released monthly.

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Rs 30 cr proposed to clear newspapers advt dues

GUWAHATI, July 26 - Finance Minister Himanta Biswa sarma today proposed allocation of Rs 3,000 lakh (Rs 30 crore) to clear the outstanding advertisement dues of the newspapers.

In his Budget speech, Sarma said that the Government is aware of the long pending dues of the print media against Government advertisements. He said that the main problem was that the Government had issued advertisements without assessing the reach and target audience.

He proposed to streamline the entire mechanism so that the newspapers do not get deprived of their rightful payment on time. He said that a system would be put in place to ensure that the payments are released monthly.

More in Entertainment
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