Recycling industry says scrap cargo stuck at ports, charges not waived; 6,000 units face closure

Noting a drop in export-import (EXIM) cargo due to supply chain disruptions on account of the COVID-19 pandemic, the government last month asked India's all 12 major ports to defer the lease rentals and licence fees-related charges for April, May and June besides waiving rentals in proportion to the cargo drop and not to levy penalties.

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