Complaints by manufacturers of consumer electronic goods against the Centre's latest draft guidelines setting minimum prices for recycling and processing electrical and electronic waste point to impractical over-regulation in an industry that urgently needs to transition from the informal to the organised sector. Manufacturers of consumer electronics have alleged that the draft guidelines have ignored their representations to the Ministry of Environment, Forest, and Climate Change. The rules have sharply raised the cost producers pay recyclers to recycle e-waste products. For instance, the price of recycling metals has been raised to ₹80 a kg against ₹6-25, which producers pay recyclers as part of term contracts. The producers have the backing of the Ministry of Electronics and Information Technology, which conveyed its views in an all-stakeholder meeting recently. These draft rules exemplify the government's inability to address the key problem associated with e-waste since 2011, when e-waste management rules were put in place.
Denne historien er fra September 27, 2024-utgaven av Business Standard.
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Denne historien er fra September 27, 2024-utgaven av Business Standard.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Women in a shadow war
In the 21st century, many countries have started admitting women into the military in combat roles as fighter pilots and frontline soldiers in grudging recognition of their capabilities and courage.
NCPA-Soho 1st theatrical tie-up blurs boundaries
Indian 'drag kings' to take stage in Mumbai, London in Gentlemen's Club
GAINS AT PUMPS SUPERNORMAL
But low cracks, or profits from processing crude oil into petrol & diesel, have contributed to abysmal refining margins, prompting rethink on lowering retail fuel prices
Everybody wants a 'piece' on Dwarka Expressway
Dwarka Expressway, a 29.1-kilometre (km)-long 16-lane stretch between Shiv Murti in Delhi and Kherki Daula in Gurugram, has become a real estate hotspot, attracting top developers from all over the country announcing their projects in the area.
Accumulate gold through SIP if portfolio allocation below 10%
Gold, which closed at ₹75,447 per 10 gram in the domestic market on Friday (and is trading at ₹2,689.6 per ounce on the Comex), is up 29.4 per cent over the past year.
IT aims for sky after Accenture's Q4 results
Nifty IT index ends 0.4% higher over previous close
NSE, BSE revise transaction fee
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GQG Partners settles charges with US SEC
Boutique investment firm GQG Partners has settled charges of potential violations of whistleblower rules with the Securities and Exchange Commission (SEC) — the regulatory body in the United States — by paying a $500,000 penalty.
Sebi plans mandatory disclosures for direct plan MF schemes
The Securities and Exchange Board of India (Sebi) has proposed to make it mandatory for mutual fund houses to give separate disclosures for direct plan and regular plan schemes in their half-yearly financial results.
Crompton Greaves Consumer may underperform on demand concerns
The stock of Crompton Greaves Consumer Electricals has shed about 12 per cent since the start of the month due to a muted near-term outlook.