Circular Economy: Definition, Importance and Aspects

circular economy india importance benefits aspects definition upsc essay mindmap notes
In recent years, the Indian government is passing laws and policies to promote the circular economic model. According to the report by Chatham House, a London-based Royal Institute of International Affairs, India is leading the developing nations in circular economy investments that are aimed at pursuing sustainable and climate-resilient growth and has an opportunity to save as much as 11% of its GDP annually by 2030. A clear and defined strategy to promote the circular economic model is necessary for the positive outcomes that can be acquired from the same.

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