Budget cuts on paper imports from 35 to 10 per cent would put the brakes on the local paper recycling industry in Sri Lanka. While the tax cuts could prove to be a bonanza to solid waste exporters, who export the waste to India for procuring recycled raw material from there to manufacture paper products in Sri Lanka, the fledgling recycling industry will be hit hard. Efforts are now on to publicise the adverse effects of the duty reduction on the national recycling industry.
We are a voice to you; you have been a support to us. Together we build journalism that is independent, credible and fearless. You can further help us by making a donation. This will mean a lot for our ability to bring you news, perspectives and analysis from the ground so that we can make change together.
Comments are moderated and will be published only after the site moderator’s approval. Please use a genuine email ID and provide your name. Selected comments may also be used in the ‘Letters’ section of the Down To Earth print edition.