CHANDIGARH, Aug. 2 -- In a move aimed at plugging revenue losses and strengthening its finances, the Chandigarh Municipal Corporation (MC) has decided to review its advertisement policy after councillors raised concerns over private malls displaying large advertisements without paying any fee to the civic body.

During the MC House meeting, BJP councillor Maheshinder Singh Sidhu flagged the issue, pointing out that several malls across the city are hosting large hoardings on their facades and in common public areas, yet no profit from these is reaching the civic body.

"MC's advertisement policy was drafted years ago. While we charge fees for advertisements on public property, malls are generating crores from advertisements without contri...