According to an official statement released today, the new New Print Media Advertisement Policy for Directorate of Advertising and Visual Publicity (DAVP) aims to promote transparency and accountability in issuing of ads.
"For the first time the policy introduces a New Marking System for newspapers to incentivize Newspapers who have better professional standing and get their circulation verified by Audit Bureau of Circulations (ABC) or Registrar of Newspapers for India (RNI)," the statement said.
The marking system is based on six objective criteria with different marks each of them.
These include - Circulation certified by ABC/RNI (25 marks), EPF subscription for employees (20 marks), number of pages (20 marks), subscription to wire services of UNI/PTI/Hindustan Samachar (15 marks), own printing press (10 marks), annual subscription payment to PCI (10 marks).
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Advertisements shall be released by DAVP to Newspapers based on marks obtained by each newspaper, the statement said.
The policy framework includes circulation verification for empanelment of Newspapers and Journals with DAVP.
The policy states that RNI circulation certificate shall be valid for a period of two years from the date of issue and in case of ABC, the current certificate shall be used for circulation certificate.
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The policy framework provides a premium for prominent placing of ads in newspapers and journals whose circulation is certified by ABC or RNI.
The policy also incentivize big category newspapers which are willing to publish the advertisements of Educational Institutions at DAVP rates by giving additional business of 50 per cent in volume terms as compared to those which are not willing to accept, the statement addded.
The policy also mentions relaxation in empanelment procedure to provide special encouragement for Regional language or dialects, small and medium newspapers, mass circulated newspapers (circulation of over 1 lakh), newspapers in North Eastern states, Jammu & Kashmir and Andaman & Nicobar Islands.
To promote equity based regional outreach, the policy emphasizes that the budget for all India release of advertisements shall be divided among states based on total circulation of newspapers in each State or Language.
The policy mentions that PSUs and Autonomous bodies may issue the advertisements directly at DAVP rates to newspapers empanelled with DAVP.
However, they all have to follow the criteria laid down by DAVP for release of all classified and display advertisements in different categories of newspapers.
The policy directs all clients of DAVP to issue Letter of Authority, Cheque, DD, NEFT, RTGS up to 80 per cent of the actual expenditure in the previous year within the first month of the new financial year and clear all the remaining payments before February 28th of the financial year.