Notwithstanding the glowing readership numbers, large sections of India’s news media industry are in choppy waters, battling a low rupee, high newsprint prices, and falling advertising revenues as Google and Facebook conquer the digital space.
As if that weren’t enough, the Narendra Modi government has signalled its intentions with a 10% customs duty on newsprint, announced in the Union budget by finance minister Nirmala Sitharaman.
Screenshot: The Telegraph
IJR 