Saturday, Apr 20 2024 | Time 14:02 Hrs(IST)
image
Business Economy


India third largest contributor to e-waste globally

New Delhi, Oct. 15 (UNI) India generated 3.2 million metric tonnes of e-waste last year alone, making it the third largest contributor to e-waste in the world.



The problem of e-waste and the regulatory steps to deal with it were discussed at a webinar on Wednesday which was organized jointly by Karo Sambhav, the first and only Asian Producer Responsibility Organization member to join the WEEE Forum, and the U.S.-India Business Council (USIBC).



The Global E-Waste Monitor identifies e-waste as the fastest growing waste stream in the world. With the implementation of the E-Waste Management Rules in 2016, India has taken regulatory steps to address this issue. However, stakeholders across the spectrum need to come together to take responsibility for improving e-waste management by enabling better collection and working towards responsible recycling.





This year, India joined 40 other countries to observe International E-Waste Day, which was launched by the WEEE Forum in 2018 to improve awareness and concentrate on effective solutions to manage E-waste.



E-waste streams contain many valuable and critical materials, like gold, copper, and iron and rare earths-making it a rich urban source of elements. Recovering these materials can bolster a secondary materials market and reduce reliance on virgin material sources.



Currently, just one-fourth of the electronics produced in India is recycled domestically. Setting up a circular economy will help shift the focus from the linear “take, make and dispose” approach to include recovery and reutilization for production. A circular economy that creates economies of scale for recycling and reuse is only possible if the formal recycling and informal collection sector are brought together in an effective framework.



The conference facilitated dialogue on promoting a circular economy and practices, development of the secondary materials market, and opportunities for future collaborations on circularity.

.

At the event, Pranshu Singhal, Founder, Karo Sambhav said, “We are privileged to be the host in India for International E-waste Day. Since the very beginning our focus has been on mainstreaming of this issue and at this forum we deliberated on solutions for developing a responsible and sustainable e-waste management ecosystem that moves the sector forward. The Covid-19 crisis has forced us to identify and adapt to a different way of life. We now need to chart our course for the ‘Decade of Action’ and commit ourselves to build a truly circular economy in India.”



Mr. Gary Litman, Vice President, Global Initiatives, US Chamber of Commerce also touched upon the importance of the implementation of policy at various levels so that circular practices can emerge and change the e-waste space today. He said,”The global response to the COVID-19 pandemic has resulted in a massive shift to remote work technologies, which has kept us safe and productive; however, we need to think now about how to manage these technologies once they reach the end of their usable life. India will be well positioned to lead this conversation on electronic commodities and circular economy when it takes over the G20 chair in 2022.”



As a part of the keynote addresses, both Shri Ashok Kheterpal, Chairman, Haryana Pollution Control Board and Dr. Ashok Kumar Ghosh, Chairman, Bihar Pollution Control Board emphasized the importance of collaboration between producers and government bodies to properly handle e-waste, as well as adherence and compliance to the regulatory frameworks.



Mr Ashish Tiwari, Member Secretary, Uttar Pradesh Pollution Control Board in his address said “Swachh Bharat Mission can enable extraction of resources from e-waste for production cycles which can promote reuse of generated resources under the Make in India mission. This will lead to perpetual growth and an ‘Atmanirbhar Bharat’.”



Mr. Pascal Leroy, Director General, WEEE Forum said that the global increase in the volume of e-waste will require constant updates and improvement for safe e-waste recovery and processing operations.



UNI VT 1828
More News

IREDA nets all-time high at Rs 1,252 23 cr in FY24

19 Apr 2024 | 8:38 PM

New Delhi, April 19 (UNI) Indian Renewable Energy Development Agency Ltd. (IREDA), the nation's largest pure-play green financing NBFC, Friday announced an all-time high net profit of Rs. 1,252.23 crore in 2023-24, a 44.83 per cent jump over the previous fiscal year 2022-23.

see more..

"CSIR-IICT and BHEL partners to advance clean fuel technology: MoU signed on CO2 to DME"

19 Apr 2024 | 7:23 PM

Hyderabad, April 19 (UNI) The Council of Scientific and Industrial Research-Indian Institute of Chemical Technology (CSIR-IICT) and Bharat Heavy Electricals Limited (BHEL) Corporate R&D have forged a partnership to develop technology for capturing and converting carbon dioxide (CO2) to Dimethyl Ether (DME) through direct catalytic conversion.

see more..

Amara Raja Infra Wins Greenko’s 700MWp solar project in AP

19 Apr 2024 | 6:41 PM

Hyderabad, Apr 19 (UNI) Amara Raja Infra Private Limited (ARIPL), part of the $1.75 billion Amara Raja Group, on Friday announced it has secured a solar BoS (Balance of System) project of 500MW/700MWp from Greenko.

see more..
Sensex recovers 600 points on heavy buying on last day of week

Sensex recovers 600 points on heavy buying on last day of week

19 Apr 2024 | 5:34 PM

Mumbai, April 19 (UNI) Snapping a losing streak of last four sessions, the BSE Sensex on Friday bounced back 599.34 points to close at 73088.33 on expectation of minimal escalation of tension between Israel and Iran.

see more..

19 Apr 2024 | 5:24 PM

Mumbai, Apr 19 (UNI) IT major Wipro on Friday reported 7.80% year-on-year dip in consolidated net profit at Rs 2,834.6 crore for January-March quarter (Q4) of the financial year 2023-24.

see more..
image