Making Waste to Wealth A Reality

India’s Construction Sector is ready to embrace the Circular Economy principles, which are being driven by government policies, innovative entrepreneurs, and responsible businesses – all of whom hold the key to a sustainable future. The circular model, designed to encourage waste recycling and converting waste into a valuable resource, and transition to renewable resources, will benefit both the country’s economy and the environment by reducing greenhouse gas emissions, waste, and pollution.

the Central Pollution Control Board (CPCB)

India, home to 1.3 billion people, faces pressing resource constraints in the wake of rapid urbanization and environmental challenges. The urban population is expected to grow to 600 million by 2030 and 814 million by 2050. A report by the Central Pollution Control Board (CPCB) reveals that India generates 62 million tons of waste every year, of which 70% is collected, 12 million tons is treated, and 31 million is dumped in landfill sites. The average collection efficiency of municipal solid waste (MSW) ranges from 22% to 60%. As per Ministry of Housing and Urban Affairs, Government of India report, India is set to generate 165 million tons of waste by 2030 and 436 million tons by 2050.

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NBM&CW SEPTEMBER 2023
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