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Circular Economy Concepts

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Questions and Answers

What benefits does the sustainable circular economy approach offer in terms of congestion and pollution?

Significant reduction

What is the main concept that India needs to implement to reverse and minimize the environmental crisis?

Circular economy

Why are Indian start-up inventions considered evidence of positive technological progress?

Ecologically conscious manner

What is driving the effort of Indian businesses and start-ups to protect the environment and slow down climate change?

Recycled or renewable resources Signup and view all the answers

How have India's SMEs contributed to the country's economic growth?

Key driver Signup and view all the answers

What regulatory measure has the Central Pollution Control Board (CPBC) in India implemented to tackle waste management?

EPR authorization, which requires companies to develop a plan for managing the waste generated by their products Signup and view all the answers

What are the principles of a circular economy?

Reuse, reduce, recycle, refurbish/repair, and remanufacture Signup and view all the answers

Why is a circular economy considered a significant tool in reversing the environmental crisis?

It promotes the reuse of materials and supports the efficient utilization of expired products to reduce negative environmental impact. Signup and view all the answers

What challenges does India face in terms of resources, considering its population and land area?

India has a population of 1.3 billion people living on only 2.4% of the world's surface, leading to resource constraints. Signup and view all the answers

Why is it important for India to adopt a positive, inclusive, and environmentally sustainable model of development?

To attain desired economic growth while ensuring environmental sustainability and inclusivity in development. Signup and view all the answers