Blue Economy: Unlocking Sea of Opportunities

The Interim Budget presented by Finance Minister on 1st February, 2024, stressed on environment-friendly development through the promotion of ‘blue economy’.

For promoting climate resilient activities for blue economy 2.0, the government will launch a scheme for restoration and adaptation measures, and coastal aquaculture and mariculture with integrated and multi-sectoral approach.

India’s Potential of Blue Economy

  • India has been leading the blue economy discourse at the highest level with its geographic and geostrategic position, putting greater focus on the Indian Ocean region.
  • With 7517 kilometers long coastal line, India has a unique maritime position. India’s blue economy comprises of the entire resources ....
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