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Nudging Circular Economy in Indian Industry: An Evaluation Using ICRIER “Sampada” WSUT Model

Author

Listed:
  • Amrita Goldar

    (Indian Council for Research on International Economic Relations (ICRIER))

  • Sajal Jain

    (Indian Council for Research on International Economic Relations)

  • Ritika Verma

    (Indian Council for Research on International Economic Relations)

  • Esha Agrawal

    (Indian Council for Research on International Economic Relations)

Abstract

Sustainable consumption choices and achieving a circular economy are complementary. Higher economic activity through waste management has a virtuous impact on the economy (via the multiplier) and the environment. This paper looks at the potential impact of industries’ sustainable consumption patterns on the waste ‘reduced, reused and recycled’ by the sector. Using the ICRIER Sampada Waste Supply-Use Model (WSUT) 2018–19 for India, the analysis looks at the waste generation, treatment technology, and costs for 37 sectors of the Indian economy. The model covers five different waste streams—biodegradable municipal solid waste (MSW), non-biodegradable MSW, biomedical waste, hazardous waste, and plastic waste—and five treatment technologies—composting, incineration, material recovery facility (MRF), waste to energy, and landfill. Focussing on waste flows from 15 industries, the paper provides information on industrial waste generation by different types, the extent of waste recycled by industries, and costs for various treatment technologies. The results show that the manufacturing sector accounted for the highest direct and total waste generation effect. Looking at the costs of waste treatment, MRF provides the highest total economic activity per tonne treated. This proves that recycling provides a larger economic stimulus than the conventional option of landfill.

Suggested Citation

  • Amrita Goldar & Sajal Jain & Ritika Verma & Esha Agrawal, 2024. "Nudging Circular Economy in Indian Industry: An Evaluation Using ICRIER “Sampada” WSUT Model," India Studies in Business and Economics,, Springer.
    • Handle: RePEc:spr:isbchp:978-981-97-8999-3_15
    DOI: 10.1007/978-981-97-8999-3_15
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    More about this item

    Keywords

    Solid waste; Recycling; Industrial ecology; Input–output model;
    All these keywords.

    JEL classification:

    • Q53 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Air Pollution; Water Pollution; Noise; Hazardous Waste; Solid Waste; Recycling
    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics
    • R15 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Econometric and Input-Output Models; Other Methods

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