Business

MeitY formulates policy paper on circular economy to deal with e-waste – Business Standard

Aiming to deal with e-waste as part of the larger plan of the Indian government to encourage circular economy, or ensuring zero to minimal wastage in the use of electronics and electrical sector, the Ministry of Electronics and Information Technology (MeitY) has formulated a policy paper that deals with these issues.

The paper, “Circular Economy in Electronics and Electrical Sector,” was entrusted to MeitY by the Niti Aayog, and focuses on the life cycle of electronics including stages of raw material acquisition, design, manufacturing/production stage, consumption to end of life (e-waste) management, and secondary raw materials utilisation.

Circular economy as a concept has been gaining ground globally, International Telecommunication Union, World Economic Forum, the United Nations and others stressing the need to ensure minimum wastage in the electrical and electronics sectors.

“India is the third largest consumers of raw materials produced globally and estimated to consume nearly 15 billion tonnes of material by 2030 with the current economic trends. Electronic and Electrical Equipment (EEE)-manufacturing is dependent on high material consumption with metals like iron, copper, silver, gold, aluminum, manganese, chromium and zinc along with various rare earth elements. The rate of extraction of these abiotic resources for EEE manufacturing is significantly higher than the rate of their formation in nature. CE approach will thus be imperative to fulfill the resource needs for the country,” the policy paper noted.

The focus areas include 11 end-of-life products/recyclable materials/wastes that either continue to pose considerable challenges or are emerging as new challenge areas that must be addressed in a holistic manner.

The paper covers the entire lifecycle of the products used in EEE manufacturing, and makes short, medium and long term suggestions about CE.

For example, in raw material procurement, it recommends mandatory use of a certain percentage of critical materials sources from secondary materials, the medium to long

term, and promotion of technology for extraction of maximum number of materials through technology development/transfer, innovative finance mechanisms and schemes.

In the consumption stage, the policy recommendations include resource efficiency or circular economy labeling, eco-labelling on the products in the percentage use of recycled materials in the product to create consumer awareness in recycling aspects of products.

It further recommends regulation to increase EEE warranty from 2 to 6 years, measures againstplanned obsolescence, legal warranty of second hand products and promoting green public procurement (GPP) by government agencies.

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

Leave a Comment

Your email address will not be published.

You may also like