Systemic Economic Viability of Informal Sectors: E-Waste Management

Abstract

The informal sector has been at India’s core of recycling WEEE for the last few decades. They do not have the scientific knowledge of processing e-waste and use acid baths and heat treatment to extract precious metals. The existing processes used by informal actors lead to a serious impact on their health as well as the environment. The introduction of advanced recycling technology for mitigating the hazardous effects on the environment and human health is as important as the development of technology for new-age electronic products. The social, economic, and environmental benefits to the informal sector can ensure formalized livelihoods in e-waste recycling by ensuring access to technology. The paper highlights how setting up a recycling facility and capacity building of the informal sector solves the problem of informality and its associated social, economic, and environmental evils, which will benefit the sector as a whole.