In the Indian Budget for the fiscal year 2024-25, several initiatives related to waste management have been outlined

1. Funding for Environmental Projects:

National Clean Air Programme (NCAP): The budget allocates ₹8,500 crore for environmental projects, including air pollution control. While this primarily focuses on air quality, a portion is expected to support waste management and related infrastructure improvements.

2. Extended Producer Responsibility (EPR)

Plastics: The budget highlights the government’s commitment to strengthening EPR for plastics. Producers and importers are expected to enhance systems for managing plastic waste, but specific figures or new allocations for this are not detailed in the budget.

3. Public-Private Partnerships (PPPs)

Support for Waste Management: The budget supports the continuation of PPPs to improve waste management infrastructure. This includes facilitating collaborations between government and private entities to manage and process waste effectively.

4. Waste Management Technologies

Innovation and Efficiency: While specific allocations for new recycling technologies are not detailed, the government emphasizes the need for technological advancements in waste processing as part of broader environmental initiatives.

5. Awareness and Capacity Building

Educational Programs: There is a focus on increasing awareness and building capacity for better waste management practices. However, detailed funding or specific programs are not provided in the budget documents.

6. Specific Allocations for Waste Management

No Specific Figures: The budget does not provide separate or detailed allocations specifically for upgrading waste processing facilities or new waste management infrastructure beyond the general environmental funding.

Implications for PIBOs

1. Adherence to EPR Regulations

PIBOs will need to comply with the enhanced EPR requirements for waste management, especially for plastics and electronic waste. While detailed funding or allocations are not specified, compliance remains a priority.

2. Opportunities for Collaboration

Public-private partnerships are encouraged, offering PIBOs opportunities to collaborate with waste management firms to meet regulatory requirements.

3. Corporate Responsibility

PIBOs are expected to enhance their corporate responsibility by aligning with the EPR framework and participating in waste management initiatives as outlined in the budget.

Conclusion

The Indian Budget 2024-25 outlines a commitment to environmental sustainability, including waste management, through general funding and regulatory frameworks. Specific figures or detailed allocations for waste management are not explicitly mentioned, but the emphasis on public-private partnerships and EPR highlights the government’s focus on improving waste management practices.

Source:

  1. Budget Speech
  2. Ministry of Finance – Budget 2024-25
  3. Press Information Bureau

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