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Niti aayog Initiates implementation of strategy on Resource efficiency

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Capital Market
The First meeting of the inter-departmental group of stakeholders on implementation of strategy on resource efficiency was held at NITI Aayog. After detailed discussion, a road map for implementation of the RE in the country was evolved.

Following measures related to implementation of strategy on resource efficiency was announced by the Principal Advisor, NITI Aayog -

Resource Efficiency is cross-cutting, has implications for all sectors. Synergies need to be established for a robust implementation agenda

NITI Aayog will facilitate the RE strategy implementation. Implementation however will be the responsibility of the line ministries/departments

A baseline survey on RE could be considered for better targeting

 

A Status paper on RE and Four sectoral strategy papers on RE are to be prepared

SWACH Bharat also means a clean production/mining environment, therefore resource efficiency and circular economy are also a part of this initiative

One pilot study on Ease of Doing RE Business in collaboration with DIPP could be considered

Finally RE is a potential instrument for generating wealth from waste. Measures for promoting effective recycling of scrap generated in the country could be explored

Background:

In November 2017, the NITI Aayog along with EU Delegation to India released the Strategy paper on Resource Efficiency (RE). The objective of the RE Strategy is to make recommendations for enhancing the resource-use efficiency in the Indian economy and industry, develop indicators for monitoring progress, and create an ecosystem for improving the resource security and minimising environmental impacts.

The implementation agenda of the RE Strategy consists of Core Action Agenda (2017-2018) and Medium-term Action Plan (2018-2020) in the thematic areas of institutional development, promotion and regulation. The first action agenda was to constitute an inter-departmental group of stakeholders for steering the strategy.

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First Published: Mar 23 2018 | 12:40 PM IST

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