E-waste is defined as "a generic term encompassing various forms of electrical and electronic equipment (EEE) that are old, end-of-life (EOL) electronic appliances and have ceased to be of any value to their owner," which is by far the best definition as of now. Given the volume of e-waste generated containing toxic materials, it is emerging as a risk to the society. Toxic pollutants are generated especially when e-waste is burned or recycled in uncontrolled manner. In contrast, e-waste has tremendous business potential if it could be treated in the proper manner. Management of e-waste has thus become a global challenge. Several nations have implemented or are about to implement e-waste regulations. In this context, initiatives that are being taken in India to keep pace with the international scenario are described critically in this article. For instance, draft guidelines have been formulated in India very recently. It takes into account existing regulations for the Hazardous Waste Management as also Municipal Solid Waste Management for managing e-waste in the country. Further, Extended Producer Responsibility has given attention for further review in order to make draft guidelines complete so as to manage e-waste holistically.