COMMITTED TO A CAUSE
Beyond Market|August 2022
Plastic ban is a boon for the environment while FMCG companies and SMEs struggle to cope
COMMITTED TO A CAUSE

If you have recently bought a tetra pack of juice or chaas, you must have noticed that the plastic straws have been replaced with paper straws. Most fast-moving-consumer-goods (FMCG) companies and retailers have opted to replace plastic with paper products ever since the plastic ban was introduced from 1st Jul '22.

FMCG companies are witnessing moderate financial impact due to the country's move to ban certain single-use plastic items said experts, adding that the impact has mainly been on the livelihoods of employees of SMEs.

To intensify its efforts to combat plastic pollution, Prime Minister Narendra Modi-led government has banned the manufacture, import, stocking, sale and use of identified single-use plastic items from July.

This is a step in the right direction to curb pollution caused by littered and un managed plastic waste and supports India's environmental, social, and governance drive.

Indeed, the benefits are visible already. An average Indian now generates around 2,500 gm of plastic waste annually, which is equivalent to 125 one litre PET bottles.

While this figure is still sizable, it is half of what was five years ago. For the record, in India, the maximum quantity of plastic waste is generated in Maharashtra, followed by Tamil Nadu and Gujarat.

Maharashtra, along with other states, too introduced a brand-new plastic ban along with the rest of the country from 1st July.

Around 21 selected single-use plastic items were outlawed for their low utility and high littering potential. These include disposable cutlery, plastic sticks for candies, ice cream and balloons, plastic flags, thermocol for decoration and carry bags under 75 microns. From January 23, the minimum thickness required for plastic bags will increase to 120 microns.

The government has banned the manufacture, import, distribution and sale of single-use plastic items across the country.

This story is from the August 2022 edition of Beyond Market.

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This story is from the August 2022 edition of Beyond Market.

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