The Telangana government on Tuesday announced a policy on the Internet of Things (IoT), aimed at positioning the state as a leader in the area, and another policy on e-waste management.
The two policies were launched by state IT Minister K T Rama Rao at an event jointly organised by the state government and industry body FICCI.E waste policy:
E-Waste generation in India is rising at an alarming annual rate of 25%, with Hyderabad currently recording 25,000 MT per annum, the 6th largest generator in the country. The state’s e-waste policy calls for earmarking industrial space or sheds for dismantling and recycling e-waste in existing and upcoming industrial parks, estates and industrial clusters.
The government aims to promote management of e-waste through collaborations with bulk consumers of electronic products, major industry organisations and other stakeholders.
The government would also provide incentives to boost refurbishing and recycling centres. A subsidy of Rs 1 crore will be provided for a minimum investment of Rs 5 crore for the first five recyclers and refurbishers.
Apart from that, it also plans to give 25% subsidy on lease rentals for every company for the first three years of operation and provide Rs 1,000 as training subsidy per person every month for 1,000 people.
With this, the government aims to provide employment for 50,000 people in five years.