International Journal of Social Science & Economic Research
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Title:
CIRCULAR ECONOMY TACTICS AND SUSTAINABLE DEVELOPMENT: A COMPARATIVE STUDY OF INDIAN INDUSTRIES

Authors:
Prisha Kejriwal

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Prisha Kejriwal
Welham Girls’ School, Uttarakhand

MLA 8
Kejriwal, Prisha. "CIRCULAR ECONOMY TACTICS AND SUSTAINABLE DEVELOPMENT: A COMPARATIVE STUDY OF INDIAN INDUSTRIES." Int. j. of Social Science and Economic Research, vol. 8, no. 11, Nov. 2023, pp. 3688-3696, doi.org/10.46609/IJSSER.2023.v08i11.024. Accessed Nov. 2023.
APA 6
Kejriwal, P. (2023, November). CIRCULAR ECONOMY TACTICS AND SUSTAINABLE DEVELOPMENT: A COMPARATIVE STUDY OF INDIAN INDUSTRIES. Int. j. of Social Science and Economic Research, 8(11), 3688-3696. Retrieved from https://doi.org/10.46609/IJSSER.2023.v08i11.024
Chicago
Kejriwal, Prisha. "CIRCULAR ECONOMY TACTICS AND SUSTAINABLE DEVELOPMENT: A COMPARATIVE STUDY OF INDIAN INDUSTRIES." Int. j. of Social Science and Economic Research 8, no. 11 (November 2023), 3688-3696. Accessed November, 2023. https://doi.org/10.46609/IJSSER.2023.v08i11.024.

References

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ABSTRACT:
A circular economy maximises the amount of time that materials, goods, and services can be used for. In a circular economy, resources are used less frequently, materials, goods, and services are redesigned to use fewer resources, and "waste" is recovered and used as a resource to create new goods and materials. Any circular economy adaption is crucial to reducing global warming. As a result, any study about circular economy technologies, their attendant drawbacks, and policy suggestions for improvement assume primary importance in contemporary times. Towards that end, this paper examines the growing trends in three key industries in India – namely, agriculture, manufacturing, and technology – in an attempt to analyse the relative success of these adaptations and their wider impact. Qualitative and quantitative insights are drawn through case studies of companies working in India. The analysis is further bolstered by comparing the scenario in India with global trends that highlight the work that needs to be done. Accordingly, the paper concludes by underlining the most important advantages and disadvantages as well as suggesting suitable policy courses for the future.

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