{"id":185536,"date":"2022-05-20T20:01:24","date_gmt":"2022-05-20T14:31:24","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=185536"},"modified":"2022-05-20T20:01:24","modified_gmt":"2022-05-20T14:31:24","slug":"circular-economy-in-municipal-solid-and-liquid-waste-recyclable-garbage-may-generate-rs-30000-crore-annually","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/circular-economy-in-municipal-solid-and-liquid-waste-recyclable-garbage-may-generate-rs-30000-crore-annually\/","title":{"rendered":"Circular Economy in Municipal Solid and Liquid Waste: Recyclable garbage may generate Rs 30,000 crore annually"},"content":{"rendered":"\n<h5><b>What is the News?<\/b><\/h5>\n<p><span style=\"font-weight: 400;\">The Ministry of Housing and Urban Affairs has released a report titled \u2018Circular Economy in Municipal Solid and Liquid Waste\u2019.<\/span><\/p>\n<p><b>Note: \u200b\u200bThe circular<\/b><span style=\"font-weight: 400;\">\u00a0economy is a model of production and consumption that involves sharing, reusing, repairing, refurbishing, and recycling existing materials\/products as long as possible.<\/span><\/p>\n<h5><b>What is the purpose of the report?<\/b><\/h5>\n<p><span style=\"font-weight: 400;\">The report provides a comprehensive, implementable and forward-looking action plan for the management of municipal solid &amp; liquid waste.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It also aims to promote India\u2019s transition from a linear \u2018take-make-waste\u2019 mindset to a \u2018multi lifecycle circular\u2019 approach.\u00a0<\/span><\/p>\n<h5><b>What are the key findings of the report?<\/b><\/h5>\n<p><span style=\"font-weight: 400;\">India generates approximately 1.45 lakh tonnes of solid waste daily and 35% of this Is dry waste and the major share of dry waste is plastic.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Out of 26,000 tonnes of plastic waste generated daily, only 15,600 tonnes are recycled and the rest goes to landfills and water bodies.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Treatment of municipal solid, wet, and construction wastes can generate nearly Rs 30,000 crore revenue per annum and create employment opportunities.<\/span><\/p>\n<h5><b>What are the recommendations given by the report?<\/b><\/h5>\n<p><span style=\"font-weight: 400;\"><strong>a)<\/strong> Government should reduce GST and other taxes on products that are made out of recycled materials to 5% from 18%, <strong>b)\u00a0<\/strong><\/span><span style=\"font-weight: 400;\">State pollution control boards and urban development and industry departments to introduce a tax for the dumping of all municipal waste in landfills.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"><strong>c)<\/strong> Mandatory use of 25% recycled materials in non-food grade packaging to ensure recycling, <strong>d)\u00a0<\/strong><\/span><span style=\"font-weight: 400;\">Cement kilns must use 25% RDF (non-recyclable combustible dry waste) to replace coal.<\/span><\/p>\n<p><b>Source: <\/b><span style=\"font-weight: 400;\">The post is based on the article<\/span><b> \u201c<\/b><b>Circular Economy in Municipal Solid and Liquid Waste: Recyclable garbage may generate Rs 30,000 crore annually<\/b><b>\u201d <\/b><span style=\"font-weight: 400;\">published in <\/span><b>Economic Times <\/b><span style=\"font-weight: 400;\">on<\/span> <b>17th May 2022.\u00a0<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"<p>What is the News? The Ministry of Housing and Urban Affairs has released a report titled \u2018Circular Economy in Municipal Solid and Liquid Waste\u2019. Note: \u200b\u200bThe circular\u00a0economy is a model of production and consumption that involves sharing, reusing, repairing, refurbishing, and recycling existing materials\/products as long as possible. What is the purpose of the report?&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/circular-economy-in-municipal-solid-and-liquid-waste-recyclable-garbage-may-generate-rs-30000-crore-annually\/\">Continue reading <span class=\"screen-reader-text\">Circular Economy in Municipal Solid and Liquid Waste: Recyclable garbage may generate Rs 30,000 crore annually<\/span><\/a><\/p>\n","protected":false},"author":10317,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1566,4182,1305,9],"tags":[10596],"class_list":["post-185536","post","type-post","status-publish","format-standard","hentry","category-daily-factly-articles","category-environment","category-index-reports-bodies","category-public","tag-economic-times","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1700145548},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/185536","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10317"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=185536"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/185536\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=185536"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=185536"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=185536"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}