NITI Aayog initiates implementation of strategy on Resource Efficiency

Speed Post News Network

New Delhi : The first meeting of the inter-departmental group of stakeholders on implementation of strategy on Resource Efficiency (RE) was held at NITI Aayog on March 22, 2018. After detailed discussion, a roadmap for implementation of the RE in the country was evolved.

The meeting was Chaired by Ratan P Watal, Principal Adviser, NITI Aayog, and was attended by nodal officers from the key Ministries/Departments including Department of Industrial Policy and Promotion, Ministry of Finance, Ministry of Housing and Urban Affairs, Ministry of Electronics and Information Technology, Ministry of Steel, Ministry of Mines, Ministry of Environment, Forests and Climate Change.

Together with the ministries, EU Ambassador Tomas Kowslowki, representatives from CII, FICCI, SAIL, NALCO, Tata steel, Aluminium and Metal Recycling Association participated in the consultation, according to a PIB release.

NITI Aayog will facilitate the RE strategy implementation. Implementation, however, will be the responsibility of the line ministries/departments. A status paper on RE and four sectoral strategy papers on RE are to be prepared. Measures for promoting effective recycling of scrap generated in the country could be explored, the NITI Aayog said. A baseline survey on RE could be considered for better targeting, it added.

In November 2017, the NITI Aayog along with EU delegation to India released the strategy paper on Resource Efficiency (RE). The objective of the RE strategy is to make recommendations for enhancing the resource-use efficiency in the Indian economy and industry, develop indicators for monitoring progress, and create an ecosystem for improving the resource security and minimising environmental impacts.

The implementation agenda of the RE Strategy consists of Core Action Agenda (2017-2018) and Medium-term Action Plan (2018-2020) in the thematic areas of institutional development, promotion and regulation. The first action agenda was to constitute an inter-departmental group of stakeholders for steering the strategy.