Buy Gold in India Online Diwali is an auspicious time for buying gold in India. Goddess Lakshmi is considered as the symbol of wealth and Hindus worship her on Diwali asking for her blessings and prosperity. It is believed that buying gold during this time of the year would bring wealth and prosperity for oneself. […]
India has been trying to reduce its massive current account deficit, which has ballooned sharply due to the massive misdirected fuel and fertilizer subsidies. However the government is holding the huge gold imports responsible for this deficit and had raised the duties on gold imports to 4%. Note India had very high duties on gold […]
India’s fast growing middle and upper classes are consuming electronic gadgets at an astounding rate.The replacement cycle has also decreased dramatically as growing disposable incomes means that laptops and mobile phones are being upgraded in short time periods .However unlike US and Europe ,India lacks the regulations for the safe disposal of massive amounts of […]
Electronic Waste is a massive problem in the Developed and Developing world with Thousands of Tons of Hazardous Electronic Waste being generated each year.With Electronics getting more ubiquitous and costs falling rapidly,Electronic Waste Problem is only going to increase.E-Waste is responsible not only for releasing dangerous substances into the environment it also causes deaths and injuries to poor in countries like India,China and Africa who are forced to work in extremely bad conditions.Electronic Waste Recycling is the need of the hour but the governments around the world have not pushed hard enough.Europe has been at the forefront with the WEEE directive passed in 2002 while USA has been a laggard as usual failing to prevent toxic waste from being dumped in landfills and shipped to poor countries with lax environmental regulations.Electronic Waste Recycling Act of 2003 has been passed in California which again as usual has been leading the federal government on clean technology legislation.
Electronic waste is defined as loosely discarded, surplus, obsolete, or broken electrical and electronic devices.It consists of secondary computers, electronics,LCDs,computers,mobile phones etc which have been discarded or thrown by the owners.The rapid decline in the cost of semiconductors due to Moore’s law has led to a rapid increase in the size of the electronics industry which is more than $1 trillion dollar globally.Millions of electronics items are thrown out each year leading to mountains of Electronic Waste.If not treated and Recycled,E-Waste can be hazardous to the environment and lead to wastage of precious materials which can be reused.Lost electronic devices contain a variety of materials, including metals that can be recovered for future uses. By dismantling and providing reuse possibilities, intact natural resources are conserved and air and water pollution caused by hazardous disposal is avoided.Electronic Waste Recycling companies are quite disorganized without major global e-recycling companies.The E-Waste Manageress industry still consists mainly of thousands of workers in developing countries like India where they continue to work in dangerous conditions.1,200 small companies generated revenue of around $5 billion last year.This is expected to treble by 2015 as more countries make electronic waste management compulsory and the sheer volume of electronics grows (think iPads)