Monday, July 6, 2009

Budget 2009: Stimulus for print media extended by 6 months

Finance Minister Pranab Mukherjee gave some much needed boost to the print media, when he extended the economic stimulus package for the print media by six months till December 31, 2009. The waiver also includes 10 per cent increase in government advertisement rates.

"Since the print media is still passing through difficult times, the stimulus package for the print media has been extended from June 30 to December 31 this year." Pranab Mukherjee said, while presenting the budget for fiscal 2009-10 in the Lok Sabha.

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