April 19, 2023
1 min read

‘India set to emerge as key player in global circular economy’

Jitendra Singh said that India is pledged to ensure reliable, affordable and sustainable energy to a growing population, attaining Net Zero GHG Emissions by 2070…reports Asian Lite News

Highlighting the Centre’s vision of “waste is the wealth”, Union Minister Jitendra Singh on Tuesday said that India is set to be a major contributor to the world’s “circular economy”.

Speaking at an event in New Delhi, Singh said that India has a 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. But with the 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, he added.

The Minister highlighted that “waste is the wealth of the coming times” and it is in line with Prime Minister Narendra Modi’s vision of India being central to global environmental action.

He said the concept of waste to wealth is relatively new and urged the Council of Scientific and Industrial Research (CSIR) labs to work in synergy with the MSME (Micro, Small and Medium Enterprises) sector and industry as part of a wider integration in order to grow sustainably.

Jitendra Singh said 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.

India’s energy generation depends on fossil fuel (59.8 per cent), with coal contributing to about 51 per cent even though renewable energy has grown to an impressive 38.5 per cent, Singh said adding that there is therefore still a pressing need to further decarbonise the energy sector, which would require replacing fossil fuels with renewables, reducing fossil CO2 emissions from old power plants and removing unavoidable carbon emissions through carbon sequestration. This is where science and technology has to play a major role, he said. (ANI)

ALSO READ: Top FBI official visits India, looks to boost cooperation

Previous Story

Top FBI official visits India, looks to boost cooperation

Next Story

Green, Varma ensure third win for Mumbai

Latest from -Top News

Kenya’s Odinga Slams Adani Deal U-Turn

Before the cancellation of the deal, Odinga was among the leaders who defended the Adani Group….reports Asian Lite News Kenya’s former Prime Minister Raila Odinga on Friday expressed disappointment over the cancellation

Hindus in Peril in Bangladesh

The rights group submitted new evidence to the ICC, accusing Muhammad Yunus’s interim government of top-level complicity….reports Asian Lite News The Human Rights Congress for Bangladesh Minorities (HRCBM) on Friday condemned a

India Takes Yoga to the World

Ahead of June 21, yoga events are being held worldwide, promoting health, harmony, and well-being for the 11th IDY…reports Asian Lite News Marking a global celebration of India’s cultural heritage, the Indian

War on Children Worsens, Says UN

The new high surpassed 2023, another record year, which itself represented a 21 per cent increase over the preceding year….reports Asian Lite News Violence against children in conflict zones soared to record

Yemen Faces Famine Alert

The humanitarian response to the Yemeni crisis has been severely hampered by funding shortfalls…reports Asian Lite News The United Nations Office for the Coordination of Humanitarian Affairs (OCHA) has warned that famine
Go toTop

Don't Miss

Varun hopeful about his India comeback

There was a time when most of the budding cricketers

‘US a partner of choice for India now’

While India’s relations with the US and its allies have