Jay Galla calls for e-waste regulation
Jayadev Galla, Vice-Chairman of Amara Raja Group and MP from Guntur, advocated for the e-waste regulation as the electronic recycling is still at nascent stage.
Hyderabad: Jayadev Galla, Vice-Chairman of Amara Raja Group and MP from Guntur, advocated for the e-waste regulation as the electronic recycling is still at nascent stage.
Participating in a panel discussion on ‘Unlocking Value from Lost Resources’ at the ongoing World Economic Forum (WEF) at Davos on Thursday.
Galla added: “Only 15 per cent e-waste is getting recycled. Shaping the future of environment and securing natural resources are crucial. E-waste recycling should be well-regulated. Manufacturers should actively participate in a circular economy system.”
According to a recent study, the world discards $52 billion worth electronic goods containing batteries, rare metals and other valuable materials.
“Policy standards for infrastructure for collection systems should come in force and financial incentives for bringing them back and extending the usage should be encouraged. The technology in this developing world should play a major role in reducing e-Waste and re-usability,” said Galla.
He also called out for awareness among people on the health hazards and support from public to harness resources and realize low carbon future.