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Waste Management: A new approach

through specialized private equity

Asit Kumar Jain IIM Shillong

Waste Management: A new approach through specialized private equity Asit Kumar Jain IIM Shillong
Waste Management: A new approach through specialized private equity Asit Kumar Jain IIM Shillong

Objective of Waste Management

Economic Well-being

Social Well-being

Environmental Well-being

Cultural Wellbeing

Conceptual Framework

Org Outcomes Operational Outcome Org Strategy Operational Decisions
Org Outcomes
Operational Outcome
Org Strategy
Operational Decisions

Problem Definition

Exponential rise in waste generation

Problems:

Health hazards

Sanctity of that area dampens

Municipalities face resource constrains

General in-efficiencies in coping with this problem

No organized profitable venture to address this issue

Idea Generation

Formation of a complete value chain and nurture it through a private equity cum consultancy

Collector

it through a private equity cum consultancy Collector Accumulator User  Collector will collect the waste

Accumulator

a private equity cum consultancy Collector Accumulator User  Collector will collect the waste through a

User

Collector will collect the waste through a separate

network

Accumulator will collect and segregate the wastes

Users will be firms specializing in converting wastes into different forms of usable products (energy to daily use products)

Functioning of each firm category

Collector:

Separate contracts will be given to people from a particular

community for collection of waste

They will recruit people from the same community, mainly uneducated and unemployed

Contractors will be provided with financial and technical

assistance from our firm (vehicles, cleaning equipment, wages

etc)

They will dispose the wastes in a particular site earmarked by the accumulator

The residence of that community will be charged on a pro rata basis

It can also be taken directly from the concerned municipality

Collectors will be paid 60-70% of collection revenue

Functioning of each firm category

Accumulator:

Segregate the waste into different categories

Provide enough space for waste collection and segregation

Maintain hygienic standard

Attract companies to use waste resources to increase their productivity

We will provide the financial and technical assistance

Functioning of each firm category

User:

This is the most important category

We will support those firms financially and technically who

uses wastes in their process or generate products and services

using waste

Through entrepreneurial summits and competitions

Will provide backhand support through formerly invested

projects in the value chain

Power generation, new products, use of paper and plastic in different forms

Benefits

There is no as such private equity presence to support this issue in the country. Our objective is to encourage people especially B-school students to take up these entrepreneurial roles and benefit themselves as well as the society

We will always follow the value chain approach of completing the value delivered at each region to make the business sustainable

Societal, economical and environmental value generation

Thank You