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By and large, today’s manufacturing takes raw materials from the environment and turns them into new products, which are then disposed into the environment after use. It is a linear process with a beginning and an end. In this system, limited raw materials eventually run out. Waste accumulates, either incurring expenses related to disposal or else polluting—indeed. In a circular economy, however, products are designed for durability, reuse and recyclability, and materials for new products come from old products. As much as possible, everything is reused, remanufactured, recycled back into a raw material, used as a source of energy, or as a last resort, disposed of. Traditionally, the Indian economy has been one where reusing, re-purposing and recycling have been second nature.
Restorative and regenerative by design, a circular economy aims to keep products, components, and materials at their highest utility and value at all times. A circular economy is a continuous cycle that preserves and enhances natural capital, optimizes resource yields, and minimizes system risks by managing finite stocks and renewable flows. The concept of circular economy, a metaphor that neatly resonates with Mahatma Gandhi’s ardent lifelong quest for efficiency in production, sufficiency in consumption and what he could well have called “conservancy” of resources and ‘deficiency’ in wastes, captures well the desirable characteristics of the future we will all have to live in – and how to get there.
Principle 1: Preserve and enhance natural capital by controlling finite stocks and balancing renewable resource flows.
Principle 2: Optimize resource yields by circulating products, components, and materials at their highest utility at all times, in both technical and biological cycles.
Principle 3: Foster system effectiveness by revealing and designing out negative externalities.
Circular consumption is an indispensable part of a circular economic system for sustaining the economic growth and mitigating environmental degradation and resource depletion. The challenge to put circular consumption into practice can be addressed by 3R Principle that is based on Reduce, Recycle and Reuse.
The principle reflects on the scope for converting wastes into valuable products and making the Mission Zero Waste a reality. This Mission emphasizes 100% scientific waste management in 400 targeted cities of the country.
Government of India has done substantial work towards Policy interventions and formulation such as
The following actions are required to lead the way to transition to Circular Economy:-
These efforts will ensure sustainable development for India in the long run by not only reducing negative externalities but also fully utilizing the positive externalities.
By: Abhishek Sharma ProfileResourcesReport error
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