Venkaiah Naidu: No connection between demonetisation and newspapers business

Information and Broadcasting Ministry reviewing Directorate of Advertising and Visual Publicity guidelines for advertisement.

Published: 02nd February 2017 04:21 PM  |   Last Updated: 02nd February 2017 04:22 PM   |  A+A-

Union minister for information and broadcasting M Venkaiah Naidu. (File|PTI)

By Express News Service

NEW DELHI: Information and Broadcasting Minister M Venkaiah Naidu on Thursday told Parliament that there was no connection between demonetisation and newspaper business.

Naidu was responding to a question during Question Hour during which members claimed that newspaper industry was facing hardships due to demonetisation and the new guidelines for advertisements through The Directorate of Advertising and Visual Publicity (DAVP). 

Naidu said there is no significant reduction of newspapers in circulation. Naidu also assured the House that his Ministry was reviewing the DAVP guidelines including the applicability of card rates for advertisements by Public Sector Units (PSUs). The Government may allow printing of newspapers through rented printing press. 

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