By A Correspondent
The announcement of 10% Customs Duty on paper used by newspapers and magazines, on the Union Budget, is highly unfortunate, the Association of Indian Magazine has said in a statement signed by President R Rajmohan. “This is a double whammy for Print media which is going through unprecedented crises due to declining revenues, caused by the prevailing macro economic conditions. Association of Indian Magazines (AIM) urges the Union Government to withdraw this Duty and help the print media industry, which serves millions of readers by disseminating information and knowledge.”
R Rajmohan
President
Association of Indian Magazines (AIM)
New Delhi