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Gadkary says waste recycling offers Rs 5L cr opportunity; asks Niti to form policy

Press Trust of India  |  New Delhi 

Urging Aayog to formulate a policy for waste recycling, Gadkari today said converting waste into wealth offers a more than Rs 5 lakh crore opportunity in the country.

Gadkari said the policy can create huge employment potential and can bolster the country's economic growth.

"Economy of this waste is of more than Rs 5 lakh crore. It has huge potential...Aayog can formulate a waste policy. This policy will see economic transformation of the country and create huge employment potential," Gadkari said addressing an international conference on 'Sustainable Growth through Material Recycling' at Pravasi Bhartiya Kendra here.

The Road Transport, Highways, Shipping, Water Resources, River Development and Ganga Rejuvenation said efforts should be made to convert waste into wealth.

He said there are 12 thermal power plants along the sides of the and the power ministry has issued an order making it mandatory for plants within 50 km distance of the Ganga to use recycled water.

"These are the new things which are going to create great impact on our environment, economy and at the same time it is going to lead to socio-economic transformation process. If we can formulate the policy for waste ... This can be useful for creation of employment and eradication of poverty," the said.

He said waste in is a huge problem but this can be solved through a holistic policy taking into confidence various related ministries like Highways, Urban Development and Agriculture.

He said his department has made the use of 10 per cent plastic or in bitumen roads mandatory and notification will be out in three-four days.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, August 06 2018. 18:25 IST