Plastic sector demands withdrawal of ban, claims it led to loss of 1 lakh jobs

News Network
September 1, 2018

Bengaluru, Sept 1: Demanding the Karnataka government to immediately withdraw the ban on plastic, hundreds of people belonging to plastic sector yesterday staged a protest at Freedom Park here. The protest was organised by the Karnataka State Plastic Association (KSPA) and related associations and industry.

The protesters alleged that the drive has resulted in a loss of one lakh jobs and Rs 20,000 crore. They demanded that carry bags above 50 microns and plastic covers to deliver goods be allowed. They urged authorities to lift garbage daily and also called for a three-bin culture to be implemented.

“The ban on plastic is unscientific and unjustified as it was imposed without taking into consideration the loss to the plastic industry and its legitimate uses,” said V Vjay Kumar, president of KSPA. “Ever since we have been under the scanner the BBMP officials have raided many retail outlets with police misbehaving with owners,” he said.

“We want the orders to be revoked immediately,” said CR Janardhan, senior vice-president of Federation of Karnataka Chambers of Commerce and Industry. “Karnataka produces plastic worth an estimated Rs 50,000 crore. Of this, 60% can be recycled. Exports are suffering because we cannot use plastic bags anymore.”

Pointing out that grocers have taken a massive hit because of the ban, Janardhan said the government should instead focus on how to use plastic so that it does not harm the environment. The protesters took exception to the April 4 government order, which replaced ban on “plastic carry bags” with a blanket ban on all plastic materials used for the purpose of carrying or dispensing commodities.

Ramesh Jain from Garment Industry Association questioned, “We deal in silk clothes and sarees most of the time. How can we keep our products safe without plastic bags?”

Comments

SD
 - 
Saturday, 1 Sep 2018

I agree with these people.

Plastic bags is a necessity in our daily lives like for buying, fish, meat , dal rice etc. These Politicians  make these ridiculous  rules  of baning plastic, making it very hard for the common people of India.  plastic bags are used for all the necissities in all the countries like US.  Uk, Canada, China etc.

 

Instead of banning plastic the government needs to learn from these mordern countries how to recycle palastic, paper, glass metal etc.

Farooq
 - 
Saturday, 1 Sep 2018

Its rubbish to remove ban on plastic for these selfish and nature destroyers

Robin
 - 
Saturday, 1 Sep 2018

How they can protest for removing ban. Are they not educated? foolishness. They can only ask for alternate for daily bread

Mohan
 - 
Saturday, 1 Sep 2018

Govt can give compensation as money and job then can ban plastic things. It for us. Its for our future, our environment

Ramprasad
 - 
Saturday, 1 Sep 2018

As an alternate, govt can help them by offering some other job and then can ban plastic completely

Kumar
 - 
Saturday, 1 Sep 2018

For the future, we have to ban plastic. These people dont have brain

Danish
 - 
Saturday, 1 Sep 2018

Selfish people. They dont care about environment.

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News Network
January 22,2020

Udupi, Jan 22: Writer Richie John Pais will be conferred with the Best Konkani Book Award, instituted by Dr T M A Foundation in recognition of his contribution made to Konkani Language and Literature.

According to a statement, the Award carries Rs 10,000 in cash and a citation.

‘Fathor’, a collection of Konkani short stories authored by Richie John Pais was published in 2017 has been chosen for the Dr TMA Foundation Best Konkani Book Award 2018.

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News Network
January 29,2020

Mangaluru, Jan 29: The police have registered a suo motu case against some of the youths who raised life threat slogans against former Karnataka Minister and Congress MLA UT Khader during the pro-Citizenship Amendment Act rally here on January 27.

A video of the incident that went viral on social media showed the youths belonging to BJP and other saffron outfits raising slogans that they will “cut off his limbs and chop off his head if necessary” during the rally organised by the BJP in support of the Citizenship Amendment Act on Monday.

Though Mr Khader did not file a complaint, the Congress party had urged the police to register a suo motu case.

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News Network
March 30,2020

Bengaluru, Mar 30: Coffee Day Enterprises Ltd (CDEL) has received the first tranche of Rs 2,000 crore following disinvestment of Global Village Techparks to repay debts following the death of its founder V G Siddhartha.
In August last year, CDEL executed definitive agreements with entities belonging to Blackstone Group and Salarpuria Sattva Group for investment in GV Techparks, a wholly-owned subsidiary of group company Tanglin Development Ltd (TDL), at an enterprise value of Rs 2,700 crore.
The balance amount is expected to be received after the receipt of few statutory approvals, CDEL said in a statement.
"Out of the money received in first tranche, the company has paid off its debts in full including principal and interest amounting to Rs 1,644 crore to the lenders despite difficult economic conditions," it said.
Post this payment, the consolidated debt of the company and its subsidiaries stands at Rs 3,200 crore as on March 27. This includes debt of Rs 1,400 crore of its subsidiary Sical Logistics Ltd where disinvestment process is in progress.
"The company and subsidiaries have repaid around Rs 4,000 crore to the lenders since the beginning of this financial year," CDEL said.
"With the continuous support of stakeholders of the company, the current management is working to ensure better liquidity and operational efficiency. The company is confident of the future ahead despite various challenges," it added.
The company has been in rough waters after its founder V G Siddhartha took his own life as debt strains began to emerge in his company. Since his death in July last year, CDEL has been trying to divest its assets to pare debts.
On July 30, 2019, CDEL informed stock exchanges about Siddhartha's disappearance. In a letter that was purportedly written by him, the Cafe Coffee Day founder said: "I could not take any more pressure from one of the private equity partners forcing me to buy back shares."

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