Tag: industry analysis

  • What is the new PPP project process announced by FM Nirmala Sitharaman?

    The PPP (Public Private Partnership) Projects in India have provided mixed results. The country had faced problems in regards to land acquisitions, overextended balance sheet, contract disputed and lack of a mechanism for the resolution of disputes.

    Certain projects have left the large public sector banks to end up with bad loans. However, the Finance Minister has announced a new policy to fasten the PPP projects. In this article let’s look at the new project announced by the government.

    PPP Projects – Latest News
    What are PPP Projects?
    The New PPP Policy
    Other Details about PPP
    Assets that will be covered in PPP
    FAQ

    PPP Projects – Latest News

    The Finance Minister of the country, Nirmala Sitharaman on 28 June 2021 had conveyed a new simpler and more efficient and effective approval process for the PPP projects as well as financing of the core infrastructure projects that will be formulated in the country.

    This new formulation will help the CPSEs (Central public sector enterprises) to fasten up the asset monetization. The Finance Minister announcing various economic relief measures had conveyed that the current measure requires a lot of approvals for Public Private Partnership projects and was really long.

    What are PPP Projects?

    PPP projects are the process where the public services are delivered by the private entities which are awarded through a competitive bidding process. These projects are typically run on the lines where the private entity would build it, operate it for some time and later transfer it.

    This method of undertaking the projects is favored by various Governments on a global basis as it makes up for the shortfall of the investments the Government of a particular country can undertake.

    Experts convey that the PPP strategy holds promise for the creation of infrastructure if the financing sector is tied up.


    Will the Central Bank of India become a private bank? | Why is the Government Privatizing banks?
    The Government of India had made a number of announcements and plans in theUnion Budget of 2021-22 and one of the major plans was in regards todisinvestment of privatization. In this article let’s look at the plans of theGovernment in regards to privatizing the banks and whether the Central Bank …


    The New PPP Policy

    The new policy for the approval and the appraisal of the public private partnership proposals and financing of the core infrastructure projects, including the one through InvITs (Infrastructure Investment Trusts) is aimed at providing and assurance for a faster way towards clearance of projects and to provide support and facilitate the efficiencies of private sector in regards to monetize construction and the management of the infrastructure.

    Nirmala Sitharaman added that, this new policy will help in moving ahead with the proposal of budget regarding the financing of assets.


    List of Economic Relief measures announced by the Government for Startups and Businesses
    As the country is badly hit by the first and second wave of Covid-19, Finance minister has announced various economic relief measures to boost economy.


    Other Details about PPP

    T V Somanathan, who is the expenditure secretary has conveyed that the further details of the project will be announced by the Department of Economic Affairs. In the Budget Speech of 2021-22, Nirmala Sitharaman had announced that operating the public infrastructure assets is a very important financing operation for the new construction.

    She had stated that there would be a launch of a national monetization pipeline of a potential brownfield infrastructure asset.


    List Of Government Schemes for Startups in India
    India is gradually building a robust startup ecosystem. In order to promote andsupport entrepreneurs, the government has created a ministry (department)dedicated to helping new businesses. The ruling party has introduced manyschemes to bolster entrepreneurship in India and to assist emerging star…


    Assets that will be covered in PPP

    Some of the core infrastructure assets that will be covered under the asset financing programme are the toll roads that are operated by NHAI, transmission assets of the PGCIL, the oil and gas pipeline of GAIL, HPCL and IOCL, AAI airports in the tier II and tier III cities.

    The other core infrastructure assets included under this programme are railway infrastructure assets, sports stadiums, warehousing assets of the Central Public Sector Enterprises such as the Central Warehousing Corporation and NAFED.

    Conclusion

    The new PPP project policy that is stated by the Finance Minister seems to have scope for undertaking a fast track on completing the infrastructure projects and to facilitate the efficiency of private sectors in regards to monetization on the projects.

    FAQ

    How do PPP projects work?

    Public-private partnerships allow large-scale government projects, such as roads, bridges, or hospitals, to be completed with private funding.

    What does PPP mean?

    Public-private partnership (PPP), partnership between an agency of the government and the private sector in the delivery of goods or services to the public.

    How many active PPP projects are there in India?

    There are around 1,069 active PPP Projects in India.

  • The Complete Analysis of Waste Management Industry

    The increase in industrialization, population and demand of consumer goods has resulted in an increase of the solid waste globally. According to World Bank in 2012, urban population produced about 1.3 billion tonnes of Municipal Solid Waste (MSW) which is expected to grow to 2.2 billion tonnes in 2025. The costs for managing solid waste is expected to increase drastically in lower middle (four times) income countries such as India and Brazil among others and even higher in low income countries (five times) such as Kenya and Ghana among others. Thus there has been an urgent cry for the need to manage these solid wastes on a global scale. Many technological alternatives, economic instruments, and regulatory frameworks have been put to use to manage and sustainably control the waste from ruining the environment. Let us see the complete story behind the topic- The Complete Analysis of Waste Management Industry.

    Division of waste management market

    waste management

    The waste management market is broadly divided on the basis of:

    • Waste type,
    • service, and
    • region.

    Depending upon waste type, the market is classified into municipal waste, industrial waste, and hazardous waste. Since the last few years the municipal waste management segment had been ruling in terms of extracting the GDP of India and providing employment to the mass population.

    On the basis of service waste, there are the collection service waste from the sectors of transportation, collection, handling, storing as as well as the disposal service waste which includes the wastes from recycling, landfill and composting. This disposal segment of waste management has also been sharply dominating the global world where most of the waste management is required.

    Waste management based on region only refers to the various initiatives deployed by the various continents like Europe, North America, Asia and Australia where these countries compete with each other to reduce their volume of waste and become free of hazards.

    Factors that creates the demand for Waste management

    • Growth in urban population

    The urban population has been increasing at a tremendous rate since the last few decades. The UN estimates therefore report that nearly 55-57 percent of people in the world lived in urban areas in 2019. This population statistics goes on increasing at a drastic rate every year. With the increase in urbanisation, the immediate impact is upon the change in demand of these urbanised population. The need of industries which emit solid, liquid as well as gaseous waste pollute the environment from all aspects. With the inclusion of nuclear power there is also a risk of the radio active wastes emerging from these places.

    • Increased amount of waste generated

    As per the data released by the World Bank, in the year 2018, which says that- the global municipal solid waste generated in 2016 was 2.1 billion tons, and is expected to reach approximately 3.40 billion tons by 2050. Most of the highly developed nations such as America, Australia, South Africa, East Asia and China, release 270 million tons of waste each year. This is due to the increasing level of industrialisation and energy consumption per head within the countries.


    Also Read: Quantum Green – One Stop Solution for Effective Waste Management


    Which are the Target Markets?

    The target markets are those which produce the highest volume of solid waste per year. The list below shows the industries which produce the highest amount of waste and also the key ingredients within these wastes.

    1. Steel and Blast furnace

    2. Brine mud

    3. Copper slag

    4. Fly ash

    5. Kiln dust

    6. Cement plants

    7. Lime sludge

    8. Sugar, paper, fertilizer tanneries, soda ash, calcium carbide industries

    9. Mica scraper waste

    10. Phosphoric acid plant, Ammonium phosphate

    11. Coal mines

    12. Iron tailing

    13. Limestone wastes

    14.The medical industries

    1. The agro based industries

    waste administration as a imperative to your business

    • Legitimate Requirements: Industries have a legitimate cause and responsibility to ensure that they discard their waste and maintain the standard of the environment. Neglecting the environment could mean a shutdown of your business permanently
    • Rise in environmental awareness: With the rising consciousness among people, every individual has now to some extent been trying to reduce the amount of waste generated by themselves. This has triggered a growth opportunity for both the public as well as the private sectors in the market to undertake proactive measures to recycle Municipal Solid Waste and are conducting programs and spreading awareness for non-hazardous industrial waste management in order to reduce pollution and mitigate environmental hazards. The risk of untreated waste from medical sectors, chemical industries, plastics have been inducing long term effects to the physical body and spreading diseases worldwide. Thus, the need to manage solid waste is crucial and many industries are coming forward to undertake these challenges.
    • Human Health: If you do not take care of the health of your employees as well as your consumers, it would simply result in lower productivity. It has been noted by WHO that approximately 1 in 4 employees fall ill each week due to factors such as pollution, improper waste management in the neighbourhood or after consuming synthetic substance like fertilizers and insecticides which are sprayed at a huge rate on the crops. To maintain the health of your employees as well as yourself, it is important to undertake waste management.

    Challenges to Waste Management

    The following problems are generally encountered in cities and towns while dealing with industrial solid waste

    • There are no specific disposal sites where industries can dispose their waste;
    • Mostly, industries generating solid waste in city and town limits are of small scale nature and even do not seek consents of SPCBs/PCCs;
    • Industries are located in non-conforming areas and as a result they cause water and air pollution problems besides disposing solid waste.
    • Industrial estates located in city limits do not have adequate facilities so that industries can organise their collection, treatment and disposal of liquid and solid waste;
    • There is no regular interaction between urban local bodies and SPCBs/PCCs to deal such issues relating to treatment and disposal of waste and issuance of licenses in non-conforming areas.

    MANAGEMENT OF INDUSTRIAL SOLID WASTES-COORDINATION (SPCBs & LOCAL BODIES)

    Urban local bodies are constantly in the field and they are well aware of the local situation. They also know sources of waste generation and areas under their control. In order to organise proper collection, transportation and disposal of industrial solid waste, there is need to set up co-ordination between SPCBs, local bodies and industrial departments. Following guidelines are suggested to follow :

    1. Urban local bodies should identify the areas from where industrial solid waste is generated.
    2. Inventorisation of industries could be attempted through SPCBs or industries department for characterisation of wastes.
    3. SPCBs may take necessary actions for issuance of consents/Authorisations to the industries under relevant Acts and Rules.
    4. Urban local bodies may undertake collection, transportation and disposal of solid waste on cost recovery basis as per existing rules and may identify suitable sites for final treatment and disposal of industrial solid waste as per existing rules and regulations.

    These are some of the critical analysis of waste management industries, in today’s world where the blue planet is slowly turning brown, it is extremely vital that the Industries which value waste management and effective disposal come to power and reduce the negative effects from the environment.