New Delhi: The Executive Committee of the Indian Newspaper Society (INS) in its emergency meeting on July 26 appealed to the Government of India to withdraw the 10% customs duty imposed on newsprint, uncoated paper used for printing of newspapers and light-weight coated papers used for magazines.
The total consumption of standard newsprint in India is 2.5 mn tons and the indigenous mills have a capacity of 1.0 mn tons only. It appears that the Indian newsprint manufacturers have misrepresented to the Government that they are in a position to meet the entire requirements.
