The Waste Management Sector is a crucial contributor towards achieving the ambitious goal of India’s net zero ambitions.
The waste management industry of India had a total revenue of $6.9 bn in the year 2020, which represented a compound annual growth rate (CAGR) of 1.9% between 2016 and 2020.
The different types of waste that are treated are solid, liquid, industrial, electronic, electrical, construction, etc.
About 43 million tonnes (70%) of waste is collected, of which about 12 million tonnes are treated, and 31 million tonnes are dumped in landfill sites as of today in India.
While the sector has already adopted several sustainability-oriented practices, there is scope for further collaboration between the waste generated and the waste collected.
And it is our collective responsibility to increase the awareness about waste management as a sector and generate wealth from waste.
This article was contributed by our expert Gautam Sharma
Frequently Asked Questions Answered by Gautam Sharma
Q1. What are the schemes of the government to manage waste in India?
The government of India has initiated several schemes like 'Swachh Bharat Mission, 'National Water Mission, and 'Waste to Energy to achieve the goal of effective waste & pollution management in India.
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