Current Affairs · India-EU Partnerships & Circular Economy
With reference to the India–EU initiative on EV battery recycling and circular economy, consider the following statements: I. It has been launched under the India–EU Trade and Technology Council (TTC) framework, specifically under the Working Group on Green and Clean Energy Technologies. II. The initiative seeks to promote advanced recycling technologies, including high-efficiency material recovery, safe and digitalised collection systems, and pilot-scale demonstration of innovative processes. III. The entire funding for the initiative is to be provided by the Ministry of Heavy Industries, while the European Union will extend only technical assistance. IV. A proposed joint India–EU pilot line in India is intended to support real-world validation and industrial deployment of battery recycling technologies. Which of the statements given above are correct?
- 1I, II, III and IV
- 2I and III only
- 3II and III only
- 4I, II and IV only✓
Correct answer
I, II and IV only
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