India’s recycling sector

Press Release

RCM + 1% Rate: How Two GST Tweaks Can Flip ₹86,700 Cr Loss Into ₹1.82 Lakh Cr Gain & Create India’s Largest Green Jobs Surge

NEW DELHI, October 01, 2025: India’s recycling sector faces a critical fiscal crisis: the government currently collects ₹30,900 crore from formal recycling but loses ₹65,300 crore annually to informality-driven tax leakages double the revenue collected. By 2035, under status quo, collections may reach ₹86.7K crore but losses could escalate to ₹1.82 lakh crore, resulting in a net negative of ₹86.7K…