Enhancing prosperity through resource efficiency in India

Forming the backbone of economic development, natural resources help us meet basic needs while fulfilling aspirations for better living standards. Rising consumerism has accelerated demand for natural resources, raising sustainability concerns. India consumes an estimated seven per cent of globally extracted raw materials per annum. Enhancing resource efficiency and promoting the use of secondary raw materials has emerged as a strategy for minimising the potential trade-off between growth and sustainability. This strategy can stabilise raw material supply for industry, reduce ecosystem pressures, and create green jobs.