Recycling of Wastes in SMEs

An increase in volume and types of solid waste have become an unmanageable problem for national and local governments. It has come to be a major challenge for all developing economies. Waste mountains have come to be a regular scene in many cities around the world, especially in developing countries. Waste management used to be considered a public good, where municipal authorities provided this service. However municipal authorities alone cannot deal with the challenge of managing waste in today’s world, owing to a rapid rise in solid waste creation. Interestingly, the private sector can play a huge role in providing the service economically and efficiently and the role of this sector is well accepted in policy circles across the world. There are multiple benefits arising from increased private sector participation. Apart from the possibility of fast technology adoption, innovation potential in waste management technology and processes, and new ways of recycling, the Government of India will contribute by creating thousands of new jobs in the recycling and waste management industry and help create cleaner cities and a given boost to a greener economy.