Prøve GULL - Gratis

Plastic Production Costs Environment

BUSINESS ECONOMICS

|

November 1-15, 2019

The government has retracted its plan of imposing a blanket ban on single-use plastics.

- Ankit Singh

Plastic Production Costs Environment

The measure seemed too disruptive for various industries. The use of single use plastic has become one of the biggest sources of pollution, adding to landfills, contaminating food chains and filling up ocean beds. The government has not defined single use plastic in clear terms though experts say anything below 50 microns is included in this category.

On World Environment Day 2018, then Union Environment Minister Harsh Vardhan had announced that single use plastics would be phased out by 2020. Later, that deadline was revised to 2022. The plan to ban six items - plastic bags, cups, plates, small bottles, straws and certain types of sachets - was part of this campaign. Now, following the retraction of its plan to ban single use plastic, the government intends to strictly enforce the existing rules pertaining to plastic use.

The government has been toying with the idea of banning single use plastic for a long time. However, it always seems to stop short of imposing a complete ban. Industry bodies like the Federation of Indian Chambers of Commerce and Industry (FICCI) had raised major concerns over the proposed ban. A recent study by FICCI noted, “A ban on single use plastics would have multi-factoral effects on industry.”

Economics of plastic industry

FLERE HISTORIER FRA BUSINESS ECONOMICS

BUSINESS ECONOMICS

BUSINESS ECONOMICS

India's fields of the future: Harvesting sunlight and crops together

India's farmland has always carried the burden of uncertainty.

time to read

2 mins

October 01 - 31, 2025

BUSINESS ECONOMICS

BUSINESS ECONOMICS

DURGA PUJA: A Festival of Roots, Culture and Togetherness

Durga Puja and Navaratri are not merely festivals of worship and celebration.

time to read

2 mins

October 01 - 31, 2025

BUSINESS ECONOMICS

BUSINESS ECONOMICS

Tea Industry: Already in crisis, can it overcome the new challenges of Tariff and GST?

The Indian tea industry, second only to China's, is a vital part of the country's agricultural economy.

time to read

2 mins

October 01 - 31, 2025

BUSINESS ECONOMICS

BUSINESS ECONOMICS

Bharat of Sardar Patel's Dream

Whenever the farmers suffer, my soul melts. If I take away their pain and make them self-sufficient, what greater fortune will I have than this

time to read

5 mins

October 01 - 31, 2025

BUSINESS ECONOMICS

BUSINESS ECONOMICS

Gandhi and a Pious Bharat of his dreams

If we talk about explaining Mahatma Gandhi's philosophy very briefly, it can be said with certainty that it is based on the principle of the Indivisible Whole and universal unity.

time to read

5 mins

October 01 - 31, 2025

BUSINESS ECONOMICS

India, China & Trump: rethinking relationships

After being rebuked by Donald Trump, first through a 50% tax on Indian goods exported to the American market and now the one lakh dollar clampdown on HI-B visa, Narendra Modi has been forced to look elsewhere in the world for support.

time to read

3 mins

October 01 - 31, 2025

BUSINESS ECONOMICS

BUSINESS ECONOMICS

Festivals in India energize communities and boost unorganized sector activity

In India, festivals are not just cultural events—they are economic engines that touch every section of society.

time to read

1 mins

October 01 - 31, 2025

BUSINESS ECONOMICS

BUSINESS ECONOMICS

Higher Q1 GDP growth, GST rates rationalisation expected to boost India's festive economy

India, known as the land of diversity, is home to a multitude of communities, each with unique cultural traditions.

time to read

10 mins

October 01 - 31, 2025

BUSINESS ECONOMICS

BUSINESS ECONOMICS

Beyond the Familiar: Unexplored Dimensions of Sister Nivedita's Vision

“I doubt whether any Indian loved India the way Nivedita loved her,” said freedom fighter Bipin Chandra Pal.

time to read

3 mins

October 01 - 31, 2025

BUSINESS ECONOMICS

BUSINESS ECONOMICS

India shields it's economy by revamping tax structure

At a time when punitive tariffs from the United States threaten to squeeze exports and dampen investments, India has chosen to shield its economy by revamping the tax structure to stimulate domestic demand.

time to read

1 mins

October 01 - 31, 2025

Translate

Share

-
+

Change font size