The term ‘Circular Economy’ is often seen in news. What are the principles that it is based on? Bring out its relevance for India.
The circular economy is a model of production and consumption, which involves sharing, leasing, reusing, repairing, refurbishing and recycling existing materials and products as long as possible. In this way, the life cycle of products is extended. This is a departure from the traditional, linear economic model, which is based on a take-make-consume-throw away pattern. …
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