Bharat’s Circular Economy Story

Press Release

Smart GST Reforms in Recycling Can Unlock ₹1.82 Lakh Crore for Bharat’s Circular Economy Story: CSE Study Report

New Delhi, [India], October 14, 2025: Uncollected Goods and Services Tax from informal recycling supply chains totaled ₹65,300 crore in 2024-25, more than double the ₹30,900 crore collected from formal sector operations, according to a Centre for Science and Environment report released Monday. The gap could widen to ₹1.73 lakh crore by 2035 under current conditions, the ‘Relax the Tax’…