E-waste In India: A Growing Industry

E-waste Disposal Rules comes into force from May 1 2012. The e-waste (Management & Handling) Rules, 2011 will be implemented throughout the country from May 1, 2012 was notified in advance in May last year to give various stakeholders adequate time to prepare themselves and also to place the required infrastructure for its effective implementation. The rules were notified by the Ministry of Environment and Forests on May 30 2011. The E-waste (Management and Handling) Rule, 2011 necessitates taking responsibility on the producers for the entire lifecycle of a product, from design to disposal. The rules allow a consumer to dispose of his old electronic item only through three means, authorised collection centres, or directly to any authorised recycler or the manufacturer. Rules aimed at reduction in use of hazardous substances in electrical and electronic equipment by putting the onus of e-waste management on manufacturers today came into effect with the Central Pollution Control Board issuing guidelines in this regard

Electronic waste recycling is gaining currency around the world as larger quantities of electronics are coming into the waste stream. The E-waste (Management and Handling) Rule, 2011 is going to be beneficial to the economic growth of the India. The financial benefits of recycling or the ability of recycled e-waste to generate income makes it one of the fastest growing business opportunities in the USA. The recycling industry generates $236 billion in gross annual sales and $37 billion in annual payrolls. Recycling 10,000 tons of solid waste creates 36 jobs in collecting, processing, and manufacturing the waste. Latest estimates show that recycling creates 1.1 million jobs in the U.S. every year. The financial benefits of e-waste recycling are in stark contrast to dumping e-waste in landfills or incinerating e-waste. Energy savings resultant from e-waste recycling also produce many indirect benefits such as less dependence on finite oil reserves, reduction of air pollution caused by energy production, and decline in greenhouse gas emissions that contribute to global warming. The Central Pollution Control Board (CPCB) has projected that the country will generate more than 8 lakh tonnes of e-waste this year. A CPCB report said 65 cities in India generate more than 60% of the total e-waste, 70% of which comes from 10 states. The benefits of e-waste recycling extend to significant reduction of energy requirements.

Detailed Project Report for E-waste Recycling Plant can be availed from NIIR Project Consultancy Services (NPCS). NIIR Project Consultancy Services is an esteemed organization and provides integrated technical and financial consultancy service.