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Making State Circular Economy Parks Work for Indian States (Part 2): An Economic Analysis Using the ICRIER's Sampada WSUT Model

Author

Listed:
  • Amrita Goldar

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

  • Sajal Jain
  • Kartik Nair
  • Ritika Verma

Abstract

The ICRIER Sampada WSUT model assesses the direct and indirect impacts of waste management policies and consumption patterns on various macroeconomic parameters. The model incorporates data for monetary transaction values and physical quantities of waste flows, making it capable of accurately evaluating all stages of the consumption process, including purchase, use, and disposal. It provides a comprehensive view of Rajasthan's economy and waste flows in the form of a 47 by 47 matrix, which includes thirty-seven intermediate sectors, four waste treatment technologies (incineration, composting, landfill, and material recovery process), and six waste types (municipal solid waste – dry waste, wet waste, inert waste; hazardous waste; bio-medical waste; and plastic waste).

Suggested Citation

  • Amrita Goldar & Sajal Jain & Kartik Nair & Ritika Verma, 2024. "Making State Circular Economy Parks Work for Indian States (Part 2): An Economic Analysis Using the ICRIER's Sampada WSUT Model," Indian Council for Research on International Economic Relations (ICRIER) Working Paper 424, Indian Council for Research on International Economic Relations (ICRIER), New Delhi, India.
    • Handle: RePEc:bdc:wpaper:424
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    Keywords

    Circular economy; Economic modelling; Waste management;
    All these keywords.

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