Hello friends welcome to Sonu live ,in this article I’m going to tell you about Circular Economy and Green Economy is a big requirement in modern world and Bio Economy and circular economy are two pillars . Critically analyze.
Circular Economy in India: Insights from the Economic Survey and Beyond
Introduction
According to Dr. Walter Stahel ( father of circular economy) often hailed as one of the pioneering figures in the Circular Economy concept, offers a comprehensive definition that extends far beyond traditional notions of recycling and waste management. It is an economic system which is based upon the principle of repair, reuse and recycle. It aims to eliminate the environmental waste by promoting techniques like repairing, recycling, refurbishing, sharing and leasing the products as well as possible
Critical Analysis: Past Policies, Challenges, and Initiatives
Past Policies:
- Emphasis on end-of-pipe solutions over prevention and resource recovery.
- Lack of coordination among ministries hindering holistic implementation.
- Inadequate recycling and repair infrastructure requiring improvement.
Challenges:
- Shifting consumer behavior towards reuse and repair.
- Technological advancements for efficient resource recovery and product design.
- Need for financial instruments to attract investments in circular businesses and infrastructure.
Government Initiatives:
- National Circular Economy Mission targeting increased circularity across sectors.
- Sectoral action plans for key sectors like construction, electronics, and textiles.
- Promotion of eco-friendly products through initiatives like the “One Million Circular Economy Businesses” project.
- Focus on sustainable public procurement to lead by example.
Public Opinion and the Way Forward
- Raise Awareness: Educate and engage stakeholders through campaigns and dialogues.
- Demand Sustainable Products: Drive market change towards circularity with consumer choices.
- Support Circular Businesses: Patronize businesses embracing CE principles.
- Advocate for Stronger Policies: Encourage comprehensive CE and GE frameworks with clear targets and incentives.
Conclusion
Continuous engagement and informed participation are essential in shaping a more circular and sustainable future for India. Stay updated on developments and actively contribute to the advancement of CE and GE principles.
Additional Resources:
- NITI Aayog Circular Economy Cell: https://www.niti.gov.in/circular-economy-cell
- Confederation of Indian Industry (CII) National Circular Economy Framework: https://cii.in/PublicationDetail.aspx?enc=1SqazdDJZmqMvDuNyYGiK2ZTL9/VfUjI4LXflorJdoi8cfX1zqmaqoQGyoUATYCN7X4nJeiMlEmSnAX25NWd/QZzPSmhs4Qr41Z6QJUMgxz3q8IB+FhmzmtUjKJVULiRQDxr0PfKlAxUG0rgT0eRYnb8AcjY6xudEzqu1kgwsiuGGwSWvoLKSMzXLGkBTVSU
- Ellen MacArthur Foundation: https://www.ellenmacarthurfoundation.org/
- The Circular Economy in India: https://www.ibef.org/research/case-study/sustainable-circular-economy-in-india
I hope this comprehensive overview helps!
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