According to media sources, Union Minister of Environment, Forest and Climate Change Bhupender Yadav has stated that India’s circular economy could generate a market value of over two trillion dollars and create near about 10 million jobs by 2050. Mr Yadav was addressing the 12th Regional 3R and Circular Economy Forum in Asia and the Pacific in Jaipur. He stressed the three Rs of reduce, reuse and recycle for a better tomorrow. The Minister emphasized that production systems must adopt practices aligned with the principles of the circular economy so that they not only reduce resource dependency but also enhance competitiveness.
The Three R and Circular Economy Forum is brainstorming on an inclusive future through various sessions. In the opening session today, Union Minister Bhupender Yadav said that circularity is not just a business model for India, but a way of life. He mentioned that the three solid principles of Mission Circular Economy are: eliminating waste and pollution, circulating products and materials, and reviving nature. In the forum, top officials of various municipal bodies shared initiatives and best practices being implemented in their areas regarding waste management and garbage disposal. The forum will conclude tomorrow with the ‘Jaipur Declaration’.
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