Abstract

India’s journey towards a circular economy: legal incentives and industrial technological innovations for converting waste into wealth the paper delves into India’s legal framework that guides the journey for converting waste into wealth through incentives for industry such as relief in tax payments and public procurement to implement technological innovations in industrial recycling and waste management along with measures for greening industrial processes. It studies the national laws and state-specific regulations specific to waste, recycling and reprocessing of e-waste in an effort to deal with industrial waste stream spanning from production to consumption. The paper focusses on the role of technology in improving the efficiencies in waste processing and recycling by analyzing various acts and amendments, guidelines, docks, tribunals, notifications and manuals. It identifies the challenges in the implementation of policy, adoption of technology and scalability across the country, and recommends improvements in laws providing incentives and relief to industries, as well as the regulatory tussles in setting up sophisticated technology for waste processing and recycling. Further, it suggests how India can at a global scale follow the best practices for a circular economy, and recommends economic policy and legal re-structuring to propel growth in industrial recycling towards a circular economy in India, moving away from the linear economy that is still predominant in India. India’s journey towards a circular economy involves actively engaging society in managing the waste stream. The circular economy in India should invest in efficiency of resources, sustainable product design and communal ethos towards waste management.

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