• Posted by CERC India
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Coke, Pepsi, Bisleri print buyback value on PET bottles

Plastic ban impact


Top beverage makers including Coca-Cola, PepsiCo and Bisleri have begun printing a buyback value on all PET bottles sold in Maharashtra to comply with new regulations and help check plastic littering. Consumers can return empty plastic bottles and will get paid as per the buyback value.

While the government has allowed the companies to keep the buyback value flexible, most companies have settled on Rs. 15 per kg for PET bottles. The buyback value printing drive, which Maharashtra introduced, is expected to be adopted by Gujarat, Tamil Nadu, Uttarakhand and some other states.

Promoting recycling 

Banks should provide doorstep banking to senior citizens

Inclusive banking  

The Reserve Bank of India (RBI), in a circular, has asked banks to provided doorstep banking service to senior citizens and differently abled persons. However, many in the target group, who need such help, are not aware of this direction. The target group covers infirm persons (having medically certified chronic illness or disability), including those who are visually impaired.

Banks are advised to make concerted efforts to provide basic banking facilities, such as pick up of cash and instruments against receipt, delivery of cash against withdrawal from account, delivery of demand drafts, submission of know your customer (KYC) documents and life certificates at the residence of such customers.

Kudos to RBI


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