MoES invites suggestions on ‘blue economy’ policy


PTI, Feb 17, 2021, 3:45 PM IST

New Delhi: The Ministry of Earth Sciences (MoES) has rolled out the draft blue economy policy in the public domain, inviting suggestions and inputs from various stakeholders, including industry, NGOs, academia and citizens.

The draft policy document outlines the vision and strategy that can be adopted by the government to utilise the plethora of oceanic resources available in the country.

The document has recognised seven thematic areas: national accounting framework for the blue economy and ocean governance; coastal marine spatial planning and tourism; marine fisheries, aquaculture, and fish processing; manufacturing, emerging industries, trade, technology, services, and skill development; logistics, infrastructure and shipping, including trans-shipments; coastal and deep-sea mining and offshore energy and security, strategic dimensions and international engagement.

The policy document has been disseminated for pubic consultation on several outreach platforms, including websites and social media handles of the MoES and its institutes.

Stakeholders have been invited to submit inputs and ideas by February 27, it said in a statement.

The policy document aims to enhance the 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, it added.

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.

With a coastline of nearly 7,500 kilometres, 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 ones that handle approximately 1,400 million tonnes of cargo each year.

Moreover, India’s exclusive economic zone of over 2 million square kilometres has a bounty of living and non-living resources with significant recoverable resources, such as crude oil and natural gas.

The coastal economy sustains over 40 lakh fisherfolk and coastal communities. 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 centre-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 MoES said.

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

Salman Khan gets another threat, asked to cough up Rs 5 cr

Rahul Gandhi to attend caste census meeting in Hyderabad today

Udupi: Gas cylinder explosion during party causes extensive damage in apartment

Stay Safe Online: Tips to avoid cyber fraud!

FIR against Sanjay Raut’s brother for remarks against Shiv Sena’s woman leader

Kodagu murder case accused escapes from police in Hyderabad

Karnataka Maritime Board announces plans for Mangaluru Water Metro Project

Related Articles More

Rahul Gandhi to attend caste census meeting in Hyderabad today

FIR against Sanjay Raut’s brother for remarks against Shiv Sena’s woman leader

In-flight passengers can access WiFi services only when allowed, say new rules

Balasore tragedy result of composite negligence of railway officials: Orissa High Court

Three convicted for 2016 Kollam collectorate blast case

MUST WATCH

Gho Pooja in Deepavali Festival

Melukote Deepavali

Ganapathi Co-operative Society Ltd

Udayavani Chinnara Banna 2024

Annapoorna Aahar | Food Places In Mysore


Latest Additions

MRPL offers Rs 1 cr to buy advanced TB testing machines

Salman Khan gets another threat, asked to cough up Rs 5 cr

Mangaluru: Vishwa Konkani Samaroh to be held on Nov 5 and 6

Canadian cop suspended for attending pro-Khalistan protest outside Hindu temple

Rahul Gandhi to attend caste census meeting in Hyderabad today

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.