The Business Bytes
TBB BUREAU
NEW DELHI, AUGUST 27, 2022
“Waste to Wealth” is emerging as a new avenue for StartUp in India, said Union Minister Jitendra Singh in Jammu today.
Addressing National Seminar on “Waste to Wealth” organised under “Ek Kaam Desh ke Naam” programme, Singh reiterated Prime Minister Narendra Modi’s reference to Amrit Kaal and said next 25 years would see a sudden surge in India’s economy and this would happen through the utilisation of resources which have either remained unexplored in the past or which could not be utilised because of the lack of technology to re-use the waste products.
“Waste to wealth methodology serves the dual purpose of not only keeping the environment clean but also creating wealth out of elements which otherwise pollute the environment,” said Singh.
The Union Minister further said that there is need to create awareness about several waste products which can generate income without much effort. Referring to the use of cooked oil from the kitchen he said it could be sold off at the rate of around Rs.20 per litre to the industry which had the technology to convert it into alternative fuel. Similarly, he referred to Fly Ash produced through combustion of coal which could be utilised for making bricks for construction etc. All these, he said, were new resources of livelihood, simply through optimum utilisation of waste products.
Singh emphasised close integration of industry with scientific research in order to ensure sustainable StartUps.
