Steps for Resource Mobilisation

Steps for Resource Mobilisation

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Resource mobilization efforts must centre upon a multi-dimensional outlook that should initiate with the government endeavouring to enhance People's Capacity to Survive and Grow in the Market. However, at the same time, the government must establish minimum standards and offer safety nets to society's most disadvantaged and vulnerable members. As regards this, India is as of now driving on its technologists, specialists, specialists and researchers. The government is working to get people who leave school into vocational or technical training programs. The plan has been figured out through confidential public organization under which momentary preparation modules will be led (Gupta, 2008) like Pradhan Mantri Kaushal Vikas Yojana (PMKVY), UDAAN & SANKALP.

• The "SATYABHAMA (Science and Technology Yojana for Atmanirbhar Bharat in Mining Advancement)" portal has been launched by the Ministry of Mines to encourage mining and minerals sector research and development.

• Community activities and alleviation of poverty - Mobilisation of communities is a cycle through which activity is animated by a local area itself, or by others, that is arranged, completed, and assessed by a local area's people, gatherings, and associations on a participatory and supported premise to work on the wellbeing, cleanliness and schooling levels to upgrade the general way of life locally and subsequently the economy.

• Resource Efficiency as a Priority: The ratio of a benefit or result to the natural resource use required for it is known as resource productivity or resource efficiency. Resource efficiency is a way to get the most benefit from the least amount of resources.

• The "SATYABHAMA (Science and Technology Yojana for Atmanirbhar Bharat in Mining Advancement)" portal has been launched by the Ministry of Mines to encourage mining and minerals sector research and development.

• VGF or, the Viability Gap Funding, which, through technological advancement and scale-up, can assist businesses in overcoming obstacles and eventually becoming competitive.

• Policy changes that focus on their design, emphasis, integration, or implementation across all life cycle stages.

• The economy can be steered toward resource-efficient practices and a circular economy through tax reforms. Mining, construction, and manufacturing are examples of value-added activities that should be subject to taxes.

• Building the capacity of key actors who are tasked with carrying out or supervising RE/SRM strategies, such as ULBs, MSMEs, and the informal sector.

• There should be a dedicated institutional structure for the development and evaluation of resource efficiency measures.

• Creating indicators and gathering baseline data

• Eco-labeling and standard product certification; Boost public awareness of eco-friendly products; Make eco-friendly products more readily available on the market

• New business models for resource efficiency will offer attractive opportunities for businesses and financial institutions, thereby facilitating greater employment growth and diversity.

• Decreasing the cost of green public procurements & green products

• Growth of industrial clusters. more money saved and more money invested.

• Four variables of creation Land, Work, Capital and Association - ought to meet up. Growth and investment ought to be encouraged.

• By reducing the need to import virgin raw materials, energy, and process materials, resource efficiency reduces costs significantly.

• Developing platforms for multi-stakeholder collaboration will make it possible to exchange ideas and put them into action, eventually leading to the creation of new business models, resource-efficient products, and evidence of success.

• While technological development and innovation play a significant role in the adoption of circularity during the production phase, the key to the adoption of a circular economy at the consumption phase is behavioral change that encourages lifecycle thinking. A coordinated Asset effectiveness strategy can get the ideal change.

• Financial literacy programs should be supported by products that meet the real needs of customers and encourage them to use them. People need to be taught how to understand and apply personal finance concepts like budgeting, investing, risk diversification, basic numeracy and literacy, financial awareness, knowledge and skills, and attitudes and behaviors needed to make sound financial decisions.