Dear Raji,
As an employer or the representative of your employer, your concern should be to improve the communication skills of the employees. But then that does not mean one should issue a circular on the importance of reading newspapers during a break time. If you do so, will it not be paternalistic?
Reading is a good habit. To improve one's writing skills, reading is important. Reading also improves one's personality. But then how to spend one's time during a break is a call of the individual. Issuing a circular on the importance of reading newspapers, with whatever altruistic intentions might be, is nothing but treating employees as juvenile and an intrusion on their privacy. Let your MD remain the head of the organization but not a patriarch!
Instead of issuing a circular, your MD may tell in a routine meeting of HODs that they need to encourage their subordinates to read the newspapers during break time. This important piece of communication can be conveyed informally.
For Mr. Raj Kumar Hansdah-ji: Nice to see you on this forum after a prolonged interlude. Yes, reading habits are declining very fast. Nevertheless, this is what the current generation is!
Thanks,
Dinesh Divekar