No Mention of Leather in Budget Disappoints Indian Industry

4 February 2019

The leather industry in Kanpur, India was left disappointed last week when it was announced no relief, in terms of subsidy or rebate on equipment meant for waste treatment at small tanneries will be given. This following the restrictions already put on them by the National Green Tribunal (NGT) following poor waste discharge management.

The former chairman for the Council of Leather Exports (CLE) said that while expectations were low, it was presumed the government would do something to help small and medium entrepreneurs so they could make the necessary investments to better the business environment in the country.

The budget is good for the development of the industrial sectors, and will achieve its aim of creating more jobs, but there was no specific announcement for the leather industry.

In compliance with government orders, around 150 tanneries have been closed for around three months during the Kumbh Mela festival, sending many manufacturers into bankruptcy.



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