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Plastic Production Costs Environment

BUSINESS ECONOMICS

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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

BUSINESS ECONOMICS'den DAHA FAZLA HİKAYE

BUSINESS ECONOMICS

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How to stay healthy and safe during the coldest winter in over a decade

West Bengal is currently experiencing a severe cold wave, with dense fog and plunging temperatures disrupting daily life across the state. Air quality has deteriorated sharply, while sub-Himalayan districts are witnessing even lower temperatures. Light snowfall is also possible in higher reaches. The India Meteorological Department (IMD) has warned that the cold spell is likely to persist throughout the week, with foggy conditions significantly affecting visibility and travel.

time to read

2 mins

January 01 - 31, 2026

BUSINESS ECONOMICS

BUSINESS ECONOMICS

New Labour Laws: Truly transformational, but employers must act responsibly for workers’ benefit

On November 21, the Government of India announced the implementation of four Labour Codes with the stated objective of simplifying and streamlining the country's labour laws.

time to read

4 mins

January 01 - 31, 2026

BUSINESS ECONOMICS

BUSINESS ECONOMICS

Policy Shifts, Privatization Pressures and ECL Pays the Price:The Coal Industry at a Crossroads

Recently, at a meeting of the Joint Consultative Committee held at the headquarters of the stateowned coal company Eastern Coalfields Limited (ECL), the management informed trade union representatives that salaries for the month of November would not be paid on time.

time to read

4 mins

January 01 - 31, 2026

BUSINESS ECONOMICS

BUSINESS ECONOMICS

Emerging shift in India's real estate market: From volume to value

India's residential real estate market has entered a new era; one not measured by the number of units sold but by the amount of revenue generated. According to the FY 26 residential market projections of JLL India, a global real estate services company, the total housing sales value across India's top seven cities is expected to touch Rs 6.65 lakh crore this year - a sharp 19% jump over last year.

time to read

8 mins

January 01 - 31, 2026

BUSINESS ECONOMICS

BUSINESS ECONOMICS

Branding isn't just for sneakers - it's for nations also: Dhruv Bhalla

When a corporate logo flies, we understand the game.

time to read

2 mins

January 01 - 31, 2026

BUSINESS ECONOMICS

BUSINESS ECONOMICS

Housing market boom driven by premium and luxury homes priced above ₹5 crore

A few weeks ago, the World Inequality Report 2026 was released.

time to read

3 mins

January 01 - 31, 2026

BUSINESS ECONOMICS

The Rupee's Verdict: Exposing India's decade of economic illusion

Over the past decade, the Indian rupee has borne witness to a sustained depreciation from around ₹60 per US dollar in 2014 to nearly 95 per dollar by December 2025.

time to read

4 mins

January 01 - 31, 2026

BUSINESS ECONOMICS

BUSINESS ECONOMICS

Will Pakistan again control Bangladesh?

India Bangladesh relations, which was deteriorating with the ousting of Shiekh Hasina last year, took a nosedive early this week when a youth leader Hadi, who was part of the movement that led to Hasina fleeing for India, was murdered. The finger of suspicion was pointed at Indian intelligence people (RAW) in Bangladesh and its associates. There were arson and lynching and murder of Hindus and the Indian government sent stern warnings to the Bangladesh authorities to enforce control.

time to read

2 mins

January 01 - 31, 2026

BUSINESS ECONOMICS

BUSINESS ECONOMICS

Inaugural Address at the 16th World Confluence by Dr. C. V. Ananda Bose, Hon'ble Governor of West Bengal

Hon'ble Governor Dr. C. V. Ananda Bose inaugurates 16th World Confluence on Humanity, Power & Spirituality

time to read

2 mins

January 01 - 31, 2026

BUSINESS ECONOMICS

BUSINESS ECONOMICS

West Bengal must place greater emphasis on Micro and Small units and Sunrise sectors

The Government of West Bengal (WB) held a Business & Industry Conclave on December 18.

time to read

3 mins

January 01 - 31, 2026

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