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Projects: A draft policy on Blue Economy has been prepared

Fiinews by Fiinews
February 4, 2022
in Projects
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Ministry of Earth Sciences

Dr Jitendra Singh.

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Plans include coastal and deep-sea mining; offshore energy projects, says Dr Singh

A Draft Policy document on Blue Economy has been prepared by Ministry of Earth Sciences taking into consideration the reports of the expert working groups which emphasizes holistic development and growth of India’s Blue Economy, Minister of State Dr Jitendra Singh told Rajya Sabha on 3 Feb 2022.

The following seven thematic areas or pillars are identified:

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.
Security, strategic dimensions, and international engagement.

He said Rs.150 crore has been provisioned during 2021-22 under Deep Ocean Mission.

Dr Singh said that the Government’s Vision of New India by 2030, enunciated in February 2019, highlights the Blue Economy as the sixth dimension of its vision. fiinews.com

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