Stop the hike in Custom Duties on toys as per union budget 2020

Stop the hike in Custom Duties on toys as per union budget 2020

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D Singh started this petition to Finance Minister of India - and

Statistically, India is a young country and the majority of the population is comprised of young adults and children. Most of the population is lower middle class or middle class. They are the citizens of tomorrow and we need to keep their quality of life in consideration to help India become a superpower. For the holistic development of a child, recreational activities are as important as education. These recreational activities help in developing the hand-eye coordination and various other mental and physical factors. The Union Budget, 2020 proposes a drastic increase in duty rates from the current 20% to 60% at best and 100% at worst. Now, we need to realize that any figure beyond 25-30% makes little sense keeping in mind the slow economic growth this country is experiencing which has led to heavy unemployment.  In the modern-day scenario, with most lower-middle-class parents working, toys are the primary source of entertainment, knowledge & creative development for their children. Toys are a child's best friend and good quality toys are what help them shape into better humans of tomorrow. Increasing the prices of toys will deprive the children of their only source of happiness and can also result in mental agony or even depression which is becoming more and more rampant day by day amongst the youth. 

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