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Home > News > Maharashtra Ban Likely to Lead to Loss of Rs. 15,000-crore for Industry

Maharashtra Ban Likely to Lead to Loss of Rs. 15,000-crore for Industry

Chemical Weekly 2018-07-09

The plastic ban imposed by Maharashtra will result in a loss of up to Rs. 15,000-crore and nearly 3 lakh jobs, according to the plastic manufacturing industry.

“The ban imposed by Maharashtra has hit the industry very hard and the plastic industry is staring at a loss of Rs. 15,000-crore, leaving nearly 3 lakh people jobless overnight,” the Plastic Bags Manufacturers Association of India’s General Secretary, Mr. Neemit Punamiya said. Nearly 2,500 members of the association are left with no option but to shut shop following the ban, he added and termed the ban as “discriminatory”.

On March 23, the State announced a ban on manufacture, use, sale, distribution and storage of plastic materials such as one-time-use bags, spoons, plates and thermocol items. The government had given three months’ time to dispose of existing stocks, which ended on June 23.

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