Live Breaking News & Updates on Newsprint Cost Up 20 In Last 3 Months

Newsprint cost has jumped 20 per cent in the last three months due to demand-supply imbalance post pandemic, prompting news publishers to petition the government for waiver of 5 per cent import duty to help cut cost.
The industry has been hit hard due to COVID-19 led disruptions and the most newspapers have stopped sending newspapers to rural areas where there is less than 50 copies to reduce the distribution cost, said the Indian Newspaper Society (INS) President L Adimoolam.
In a representation to the Finance Minister Nirmala Sitharaman on Thursday ahead of the forthcoming union budget, INS has suggested to take steps as to reduce the customs duty on import of newsprints, a stimulus package for the industry or at least to help the publications by releasing advertisement with an increased tariff of 50 per cent ....

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