Import of newsprint from Russia in the last 3 years amounts to 34-39%: I&B Min


Import of newsprint from Russia over the past 3 years has fluctuated between 34 and 39 percent, Information and Broadcasting (I&B) Minister Anurag Thakur recently told the Rajya Sabha. The information was based on data provided by the Department for the Promotion of Industry and Internal Trade (DPIIT).

“The Department for the Promotion of Industry and Internal Trade (DPIIT) of the Ministry of Trade and Industry has informed that according to import trade statistics, the import of newsprint from Russia to past 3 years is between 34 and 39 percent,” Thakur said.

He also noted that the volume of percentage share of imports from Russia showed a marginal increase in the years 2020-21 and 2021-22. “Therefore, relative to total newsprint demand in India, there does not appear to be much of an effect of newsprint supplies from Russia to India.”

The minister also said that the import volume of glossy newsprint from Finland is not significant, according to import trade statistics.

Earlier, the minister had informed the Lok Sabha that the importation of newsprint by the newspaper industry had dropped drastically. According to data provided by the Commerce Department, Thakur said the import of newsprint fell to 597,766 kg in FY22 from 648,620 kg in FY21. increased to 1,384,056 kg in FY18, followed by 1,296,300 kg in FY19 and 1,296,354 kg in FY20.

Asked about the details of national paper production, consumption and demand for the newspaper industry in the country in each of the past five years and the current year, Thakur said the MIB does not maintain such data for the newspaper industry.

Read more news on (Internet Advertising India, Internet Advertising, Advertising India, Digital Advertising India, Media Advertising India)

For more updates, be social connected with us on
Instagram, LinkedIn,
TwitterFacebook & Youtube


About Author

Comments are closed.