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

UK MPs Slam Pakistan Over Minority Abuses

Minority communities such as Shias, Christians, Hindus, and Ahmadis continue to face harassment, violence, and intimidation. In many cases, law enforcement either turns a blind eye or enables the attacks through inaction…reports

Words Won’t Stop China, Quad Must Deliver

 If the Quad aims to counterbalance China’s growing influence, it must expand its focus beyond the maritime domain and address the continental dynamics of the Indo-Pacific…writes Imran Khurshid Despite early concerns that

India Stays Neutral on Dalai Lama Succession

As exiled Tibetan spiritual leader approaches his 90th birthday, he asserted on Wednesday that there will be the 15th reincarnation…reports Asian Lite News Responding to the Dalai Lama’s recent remarks, India on

Trinidad Eager to Deepen Ties with India: Envoy

Trinidad and Tobago, home to a large Indian-origin population—many of whom are now in their fifth and sixth generations—offered a unique cultural resonance to the visit….reports Asian Lite News Prime Minister Narendra
Go toTop

Don't Miss

India supports call for access to oil storage for UN team in Yemen

The tanker, which is one of the world’s largest, has

Kerala man, who rolled beedis for livelihood, becomes a judge in US

Pattel’s path to the post was far from easy and