The policy aims to achieve the following objectives –
- To promote 6Rs principles of Reduce, Reuse, Recycle, Recover, Redesign and Remanufacture through scientific handling, processing and disposal of all types of recyclable scraps including non-ferrous scraps, through authorized centers / facility.
- To create a mechanism for treating waste streams and residues produced from dismantling and shredding facilities in compliance to Hazardous & Other Wastes (Management & Transboundary Movement) Rules, 2016 issued by MoEF & CC.
- To decongest the Indian cities from ELVs and reuse of ferrous scrap.
Benefits:
- Scrap based steel making technologies have been envisaged as one of the important options to reduce GHG emission intensity.
- There is a worldwide trend to increase steel production using scrap as the main raw material as recycling of scrap helps in conservation of vital natural resources besides other numerous benefits.