Quote by Mr. Sanyam Jain, Director, Thermowaste Solutions
New Delhi (India) July 23 : As a plastic recycler, I have high hopes for the upcoming budget. One key expectation is for the government to continue pushing the recently introduced “Green Credit Programme” by our Honorable Prime Minister Narendra Modi. This initiative will incentivize and monetise environmental actions across various sectors, thus encouraging individuals [...]
New Delhi (India) July 23 : As a plastic recycler, I have high hopes for the upcoming budget. One key expectation is for the government to continue pushing the recently introduced “Green Credit Programme” by our Honorable Prime Minister Narendra Modi. This initiative will incentivize and monetise environmental actions across various sectors, thus encouraging individuals and companies to participate in building a sustainable India.
Along with introducing new schemes like GCP, government should take measures to facilitate implementation of Extended Producer Responsibility compliances. Budget allocations would help in making the EPR portal hassle free and transparent. I would suggest that independent auditors should be deployed to verify the activities of registered recyclers, as this would avoid greenwashing and unfair practices taking place. Ministries of Environment and Forest, should get a significant percent of the union budget to make these measures possible, and I believe this portion of budget would prove to be an investment in the long run.