Union Finance Minister Nirmala Sitharaman in the Union Budget 2021-22 talked about achievement of India’s ship recycling industry, including its potential to be doubled by 2024 and attract more end-of-life vessels to India from Europe and Japan. This, however, may sound like a radical step to promote a circular economy in the ship recycling sector from a bird’s eye view, reports Down To Earth.
Importance of ship recyclingIt will demand concrete actions from the authorities to ensure that the...
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