The potential of India’s circular economy
3 years, 8 months ago

The potential of India’s circular economy

Hindustan Times  

Can India aspire to build a circular economy unicorn? Bengaluru-based Bare Necessities, working against the “plastic pandemic”, has converted its minimalist living philosophy into dozens of personal care, home care and lifestyle products, challenging a chemicals-laden industry with alternatives. Loans are too small; it would take weeks to get emergency working capital during the pandemic.” A third said, “Debt is just three years’ balance sheet and collateral.” With no soft loans, startups in the circular economy are excluded from bank credit. Rather than repeat sales of unsustainable products to meet quarterly targets, entrepreneurs in the circular economy believe in other definitions of growth: Replicable, scalable models; minimalist lifestyles; women’s entrepreneurship; gender-sensitive employment; and including informal enterprises in formal value chains. A billion-dollar-valued circular economy unicorn can indeed emerge if technology, finance, policy and behavioural change could create markets where none existed.

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History of this topic

India bats for global platform to accelerate adoption of circular economy
3 weeks, 4 days ago

India bats for global platform to accelerate adoption of circular economy

Live Mint  

Jaipur, Mar 3 India on Monday said there should be a new global platform that will accelerate the adoption of a circular economy by connecting cities, academia and tech innovators. Union Housing and Urban Affairs Minister Manohar Lal Khattar said the Cities Coalition for Circularity platform could be in line with the spirit of the Jaipur declaration, to be adopted …

India proposes global platform to accelerate circular economy adoption
3 weeks, 5 days ago

India proposes global platform to accelerate circular economy adoption

New Indian Express  

NEW DELHI: India on Monday proposed a multi-nation alliance for technical collaboration, partnerships, and cooperation between private sectors at the city level to accelerate the circular economy for a sustainable future. Speaking at the inauguration of the 12th Regional 3R and Circular Economy Forum in Asia and the Pacific, Union Minister of Housing and Urban Affairs Manohar Lal said that, …

Circular economy may generate over $2 trillion in market value, create 10 million jobs by 2050: Amitabh Kant
3 months, 1 week ago

Circular economy may generate over $2 trillion in market value, create 10 million jobs by 2050: Amitabh Kant

The Hindu  

India's circular economy could generate a market value of over $2 trillion and create 10 million jobs by 2050, the country's G20 Sherpa Amitabh Kant said Monday. "This is a huge opportunity because, by 2050, India's circular economy could generate a market value of over $2 trillion and create close to 10 million jobs," he said. Noting that industrialisation and …

Circular economy may generate over USD 2 tn in market value, create 10 mn jobs by 2050: Amitabh Kant
3 months, 1 week ago

Circular economy may generate over USD 2 tn in market value, create 10 mn jobs by 2050: Amitabh Kant

Live Mint  

New Delhi, India's circular economy could generate a market value of over USD 2 trillion and create 10 million jobs by 2050, the country's G20 Sherpa Amitabh Kant said Monday. "This is a huge opportunity because, by 2050, India's circular economy could generate a market value of over USD 2 trillion and create close to 10 million jobs," he said. …

National Circular Economy Framework to drive sustainable growth, resource efficiency
3 months, 3 weeks ago

National Circular Economy Framework to drive sustainable growth, resource efficiency

India Today  

The Confederation of Indian Industry recently unveiled the second edition of the National Circular Economy Framework during its 9th International Conference on Waste to Worth. This updated framework aims to guide India’s transition to a sustainable and resource-efficient economy by promoting innovative business models in waste management. The framework emphasises resource conservation, waste reduction, and climate resilience, aligning with India's …

Budget 2022: Circular economy will help transition to sustainable economic progress – Firstpost
3 years, 1 month ago

Budget 2022: Circular economy will help transition to sustainable economic progress – Firstpost

Firstpost  

The temptation to fill this article with numbers and make a case for higher budgetary allocations to help conserve India’s wildlife and natural habitats in the upcoming Union budget is irresistible. Further, he said that India subscribes to the theory and practice of green infrastructure development and ‘Development and Design’ particularly in the linear infrastructure sector that “we build to …

Use and reuse: the real zero effect economy
10 years, 7 months ago

Use and reuse: the real zero effect economy

Hindustan Times  

Narendra Modi has a knack for coining catchy slogans. ‘Zero effect’ is probably Modi’s first direct reference to the need to make things without causing environmental harm. That would not only mean producing with ‘zero effect’ but also consuming with little or no damage to the environment or waste of finite resources. And even high-end luxe brands have adopted the …

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