Have you noticed the increasing popularity of circular economy? This is a strategic initiative aimed at reducing waste streams and preventing the reckless extraction of non-renewable resources to meet the growing demand for goods. Its main goal is to salvage and extract resources from waste so that they can be reused in the system by new users. Implementing this approach also brings to the forefront the concept of Extended Producer Responsibility (EPR).
Extended Producer Responsibility in India focuses on educating businesses on how to collect, treat, and dispose of end-of-life products. This encourages industries to identify weaknesses in their waste management systems and improve them into a more efficient structure.