Swarajya Logo
Swarajya Logo
Politics States Economy Society Business Culture Infra Defence World Books Ideas Science Technology Heritage Archives Legal Movies Sports
  • Our Views
    Politics States Economy Society Business Culture Infra Defence World Books Ideas Science Technology Heritage Archives Legal Movies Sports
  • Magazine
  • Store

About Swarajya

Swarajya is a publication by Kovai Media Private Limited.

Swarajya - a big tent for liberal right of centre discourse that reaches out, engages and caters to the new India.

editor@swarajyamag.com

Useful Links

  • About Us
  • Subscriptions Support
  • Editorial Philosophy
  • Press Kit
  • Privacy Policy
  • Terms of Use
  • Code of Conduct
  • Plagiarism Policy
  • Refund & Cancellation Policy

Useful Links

  • About Us
  • Subscriptions Support
  • Editorial Philosophy
  • Press Kit
  • Privacy Policy
  • Terms of Use
  • Code of Conduct
  • Plagiarism Policy
  • Refund & Cancellation Policy

Participate

  • Contact Us
  • Write for us
  • Style Guide
  • Jobs

Stay Connected

  • Artboard 2 Copy 6Created with Sketch.
    Artboard 2 Copy 10Created with Sketch.
    Artboard 2 Copy 7Created with Sketch.
    Artboard 2 Copy 9Created with Sketch.
  • Andriod Logo
  • IOS Logo

Insta

India Set To Harness Vast Potential Of Its Ocean Resources As Govt Invites Suggestions On Blue Economy Policy

Swarajya StaffThursday, February 18, 2021 11:19 am IST
Fishing boats in India (Jorge Royan)
Fishing boats in India (Jorge Royan)
Fishing boats in India (Jorge Royan)

The government has invited suggestions from various stakeholders for the Draft Blue Economy Policy that outlines the vision and strategy that can be adopted by the Centre to utilize the plethora of oceanic resources available in the country.

The Ministry of Earth Sciences (MoES) has rolled out the Draft Blue Economy policy for India in the public domain inviting suggestions and inputs from various stakeholders including industry, NGOs, academia, and citizens, an official release said on Wednesday (17 February).

The policy document has been disseminated for pubic consultation on several outreach platforms including websites and social media handles of MoES and its institutes, and the stakeholders can submit their inputs and ideas on the draft policy by 27 February 2021.

The policy document aims to enhance contribution of the blue economy to India’s GDP, improve lives of coastal communities, preserve marine biodiversity, and maintain the national security of marine areas and resources, the release said.

According to the release, India’s blue economy is understood as a subset of the national economy comprising an entire ocean resources system and human-made economic infrastructure in marine, maritime, and onshore coastal zones within the country’s legal jurisdiction.

"It aids the production of goods and services that have clear linkages with economic growth, environmental sustainability, and national security. The blue economy is a vast socio-economic opportunity for coastal nations like India to utilize ocean resources for societal benefit responsibly," it added.

With a coastline of nearly 7.5 thousand kilometers, India has a unique maritime position. Nine of its 29 states are coastal, and the nation’s geography includes 1,382 islands. There are nearly 199 ports, including 12 major ports that handle approximately 1,400 million tons of cargo each year. Moreover, India’s Exclusive Economic Zone of over 2 million square kilometers has a bounty of living and non-living resources with significant recoverable resources such as crude oil and natural gas, the release said.

The coastal economy also sustains over 4 million fisherfolk and coastal communities, it said.

"With these vast maritime interests, the blue economy occupies a vital potential position in India’s economic growth. It could well be the next multiplier of GDP and well-being, provided sustainability and socio-economic welfare are kept center-stage. Therefore, India's draft blue economy policy is envisaged as a crucial framework towards unlocking country’s potential for economic growth and welfare," the release said.

The ministry, according to the release, has prepared the draft blue economy policy framework in line with the Government’s vision of New India by 2030.

The draft policy framework emphasizes policies across several key sectors to achieve holistic growth of India’s economy. The document recognizes the following seven thematic areas.

  1. National accounting framework for the blue economy and ocean governance.

  2. Coastal marine spatial planning and tourism.

  3. Marine fisheries, aquaculture, and fish processing.

  4. Manufacturing, emerging industries, trade, technology, services, and skill development.

  5. Logistics, infrastructure and shipping, including trans-shipments.

  6. Coastal and deep-sea mining and offshore energy.

  7. Security, strategic dimensions, and international engagement.

Tags
India
fisheries
marine
Blue Economy Policy
ocean resources

Comments ↓

An Appeal...


 

Dear Reader,

 

As you are no doubt aware, Swarajya is a media product that is directly dependent on support from its readers in the form of subscriptions. We do not have the muscle and backing of a large media conglomerate nor are we playing for the large advertisement sweep-stake.

 

Our business model is you and your subscription.  And in challenging times like these, we need your support now more than ever.

 

We deliver over 10 - 15 high quality articles with expert insights and views. From 7AM in the morning to 10PM late night we operate to ensure you, the reader, get to see what is just right.

 

Becoming a Patron or a subscriber for as little as Rs 1200/year is the best way you can support our efforts.

Get Swarajya in your inbox.


Magazine


Swarajya Magazine Cover Image
Merchandise

Merchandise


    Politics

    Seats To Be Reserved For Kashmiri Pandits, PoK Refugees In J&K Legislative Assembly: Key Highlights Of Amit Shah's Speech In Lok Sabha

    Seats To Be Reserved For Kashmiri Pandits, PoK Refugees In J&K Legislative Assembly: Key Highlights Of Amit Shah's Speech In Lok Sabha

    Swarajya Staff
    29m

    Suspense Over Three States' CMs Intensifies As BJP MPs Who Won In Assembly Elections Resign From Parliament

    Nishtha Anushree
    30m

    'Telangana DNA Is Better Than Bihar DNA': CM-Designate Revanth Reddy's Remarks At Media Conclave Last Month Spark Controversy

    Swarajya Staff
    2h

    Economy

    India Anticipated To Be Fastest Growing In Next Three Years, Set to Become Third Largest Economy By 2030: S&P

    India Anticipated To Be Fastest Growing In Next Three Years, Set to Become Third Largest Economy By 2030: S&P

    Nishtha Anushree
    1d

    Sensex Surpasses 69,000 For First Time As Investor Confidence Surges Post BJP Sweep In Three States

    Bhuvan Krishna
    1d

    Sensex, Nifty Close At All-Time High After BJP Victories In Three States, Record Surge Of Over 2 Per Cent

    Nishtha Anushree
    2d

    Defence

    On This Day, In 1971, Indian Tanks Rolled Into Pakistan's Heartland At Shakargarh Bulge, Marking The Beginning Of The Fierce Battle Of Basantar

    On This Day, In 1971, Indian Tanks Rolled Into Pakistan's Heartland At Shakargarh Bulge, Marking The Beginning Of The Fierce Battle Of Basantar

    Ujjwal Shrotryia
    22m

    Indian Army's Captain Geetika Koul Becomes First Female Medical Officer To Be Deployed At Siachen — The World's Highest Battlefield

    Swarajya Staff
    40m

    Unknown Gunmen At Work Again: Another LeT Terrorist 'Adnan Ahmed' Close To Hafeez Saeed Shot Dead In Pakistan

    Swarajya Staff
    3h

    World

    Forbes Declares Nirmala Sitharaman Most Powerful Woman Of India, Three Other Indians In World's Top 100

    Forbes Declares Nirmala Sitharaman Most Powerful Woman Of India, Three Other Indians In World's Top 100

    Nishtha Anushree
    40m

    "Quiet Because Women Are Jewish?": Netanyahu Targets International Organisations' Silence Over Hamas Brutalities Against Israelis

    Nishtha Anushree
    1h

    India Keen On Acquiring Cheetahs From Kenya As PM Modi Welcomes African Nation Into Big Cat Alliance

    Nishtha Anushree
    3h

    Culture

    'Celebrate At Home': Champat Rai Of Ram Janambhoomi Trust Urges Hindus Not To Visit Ayodhya On 22 January

    'Celebrate At Home': Champat Rai Of Ram Janambhoomi Trust Urges Hindus Not To Visit Ayodhya On 22 January

    Bhuvan Krishna
    1d

    'Animal': Sandeep Reddy Vanga 2 – Liberals 0

    K Balakumar
    4d

    Why The Insidious Anti-Hindu Communalism Of Certain Directors Goes Scot-Free

    Anonymous Contributor
    4d
    States

    infrastructure


    V Bhagya Subhashini
    1

    Uttarakhand Government To Enforce Stringent Tunnel Construction SOPs Post-Silkyara Incident

    3 Mins Read
    Amit Mishra
    2

    Kerala: Vizhinjam International Seaport Successfully Unloads 10 Container Handling Cranes

    2 Mins Read
    Amit Mishra
    3

    Kashmir Rail Link: Successful Electric Train Trial Between Banihal-Khari Section Accelerates January 2024 Opening

    2 Mins Read
    Swarajya Staff
    4

    Bihar Government Accelerates Green Drive With Approval Of New Electric Vehicle Policy

    2 Mins Read