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GOI Planning Rs 15,000 Crore Green Initiative for MSMEs

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The Indian government is planning a Rs 15,000 crore green initiative for the micro, small, and medium enterprises (MSMEs) to boost recycling and efficiency.

A specialized organization will guide the MSMEs in their shift to green energy and create tailored policies.

The initiative will boost competition in the global market by providing financial incentives, capacity building, and policy support.

A new e-marketplace for recycling is expected to be established, facilitating seamless information exchange between manufacturers and waste collectors.

The scheme is expected to focus on energy efficiency and alternative fuels, with the Bureau of Energy Efficiency (BEE) potentially involved in assessing emission levels and establishing baseline measurements.

The initiative will launch by early 2025 and will focus on establishing material recovery facilities (MRFs) and managing post-consumption product treatment.

The scheme is being developed with contributions from various stakeholders, including the Ministry of New and Renewable Energy, the Ministry of Environment, Forest, and Climate Change, and the Ministry of Power, according to a report in a leading daily.

 


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Railways to set up MRF for waste management

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Indian Railways, one of the largest railway networks in the world is installing material recovery facilities at more than 250 stations for waste management.

“In line with Indian Railways policy, we target to reduce water consumption by 20% by 2023 and have set up MRF (material recovery facilities) for waste management in more than 250 stations,” said Mr Anil Kumar Lahoti, Chairman & CEO, Railway Board, Ministry of Railways while speaking at the 7th International Conference Rail Tech 2023 organised by ASSOCHAM.

Beyond climate action, Indian Railway has also taken significant steps in other environmental challenges such as water and waste management, he said.

Indian Railways will continue to modernize by using advanced technologies, aligning with “Viksit Bharat” goals, in collaboration with stakeholders like ASSOCHAM.

 

 IR’s thrust on renewables:

  •  Has installed 204.82 MW of renewable energy
  •  Has plans to install 200 MW of wind plants and 1000 MW of solar power plants
  •  Has commissioned 200 MW of solar and 103 MW of wind power till April 2023
  •  Has tied up with various sources for 1.7 GW of renewable capacity
  •  Has plans to partner with industry to design, innovate and make available a secure and sustainable energy supply at a reasonable cost

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