Facebook launches new tool
Facebook first announced these plans back in December, when advertisers were able to begin authorisations on mobile - verifying their identity and location to run political ads.
Aiming to bring more transparency to ads related to politics in India ahead of the general elections, Facebook on Thursday launched a tool that will allow its users to know the people behind a particular political ad on the platform and how much they spent for it.
Starting on Thursday, users will be able to see political ads with "Published by" or "Paid for by" disclaimers, Facebook said.
For the disclaimer, authorised advertisers can name themselves, a page they run or another organisation as the entity behind the ad.
If they name another organisation, the social media giant will also require additional credentials - like a phone number, email and website or a Media Certification and Monitoring Committee Certificate from India's Elections Commission.
"This is to help make sure the organisation cited is authentic," said Shivnath Thukral, Facebook's Public Policy Director for India.
Facebook first announced these plans back in December, when advertisers were able to begin authorisations on mobile - verifying their identity and location to run political ads.
While these measures are still voluntary for advertisers, enforcement of these new features will start on February 21, Facebook said.
Watch This Zee Business Video
When a person clicks on the disclaimer, they will be taken to a searchable Ad Library where they can see the ad's creative, start and end date, and performance data, including range of impressions, range of spend, and information about who saw the ad, like age, gender and location across India.
The disclaimer credentials will also appear in the Ad Library, Facebook said.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Top 7 Flexi Cap Mutual Funds With up to 52% SIP Return in 1 Year: Rs 20,000 monthly SIP investment in No. 1 fund has generated Rs 3.02 lakh; know about others too
Rs 55 lakh Home Loan vs Rs 55 lakh SIP investment: Which can be faster route to arrange money for Rs 61 lakh home? Know here
Latest FD Rates: Know what SBI, PNB, Canara Bank, HDFC Bank, ICICI Bank are providing on 1-year, 3-year and 5-year fixed deposits
05:30 PM IST