Six companies have expressed their interest in operating the deposit refund scheme in India, a move that aims to encourage the recycling of packaging material. The initiative is part of the government’s efforts to promote sustainability and reduce waste in the country. The companies that have shown interest in operating the scheme will be responsible for collecting and recycling packaging material such as plastic bottles and containers. The deposit refund scheme works by requiring consumers to pay a small deposit when purchasing products in packaging that can be recycled. They can then return the packaging to designated collection points to claim a refund on the deposit. This system has been successfully implemented in other countries and has proven to be an effective way to incentivize recycling. The Indian government is keen on implementing similar measures to tackle the growing waste management problem in the country. By encouraging the recycling of packaging material, the deposit refund scheme can help reduce the amount of waste that ends up in landfills or pollutes the environment. It also promotes a circular economy where materials are reused and recycled, reducing the need for new resources. The companies interested in operating the scheme will play a crucial role in ensuring its success and effectiveness. They will need to set up collection points, establish recycling facilities, and manage the logistics of collecting and processing the packaging material. The government will work closely with these companies to monitor and evaluate the scheme’s impact and make any necessary adjustments to improve its efficiency. Overall, the deposit refund scheme has the potential to make a significant impact on India’s waste management practices and contribute to a cleaner and more sustainable environment.