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India Set To Be Major Contributor To World’s 'Circular Economy': Jitendra Singh
India has huge unexplored amount of waste which is available to be converted to wealth that was not realised earlier as neither there was technology available, nor it was brought up as part of our social culture
Photo Credit : PIB
Union Minister of State (Independent Charge) Science & Technology Jitendra Singh on Wednesday said that India is set to be a major contributor to the world’s "Circular Economy".
While speaking at the Indian Institute of Petroleum (CSIR IIP) - MSME Meet & PAN CSIR – collaborations as part of “One Week - One Lab” program the minister said, "India has huge unexplored amount of waste which is available to be converted to wealth that was not realised earlier as neither there was technology available, nor it was brought up as part of our social culture."
He further said that with increasing pace of technological development and, more and more social awareness happening, this will become a rich source of economy which will be exclusive to India. Moreover it will give India an edge over other major economies.
The minister added that India is pledged to ensure reliable, affordable and sustainable energy to a growing population, attaining net zero GHG emissions by 2070, but this ambitious target will require focused and concerted attention.