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India plans policies to boost blue economy and explore Arctic region for energy and climatic research | India News

NEW DELHI: India has planned to focus on emerging economic and strategic axis spreads from the East Coast of Africa to the Western Pacific Ocean - called the Seychelles-Singapore-Samoa (SSS) axis - as part of its long-term strategy to utilise oceanic resources under the country’s proposed Blue Economy policy.
This in addition to another policy on the Arctic region is expected to put India at the forefront in exploring resources of strategic importance through maritime cooperation.
A draft of the Blue Economy policy document, outlining vision and strategy that can be adopted by the government to utilise a range of living and non-living oceanic resources, proposes setting up an overarching national authority called the National Blue Economy Council (NBEC) to bring all the existing expertise and schemes under one oversight agency for holistic planning and implementation. ....

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Holistic approach needed to harness marine resources for national growth: Government

Holistic approach needed to harness marine resources for national growth: Government
February 17, 2021
Government unveils a draft blue economy policy
Setting up a mariculture authority of India, a national placer mission to mine minerals found on the seabed and marine clusters for ports-centered development and inclusion of various untapped activities associated with blue economy in the 2008 National Industrial Classification are some of the suggestions put forward by a draft National Policy for India’s Blue Economy 2020, unveiled by the Ministry of Earth Sciences on Wednesday.
The draft policy, which would be placed in the public domain for comments and suggestions till February 27, is aimed at significantly enhancing contribution of the blue economy to India’s GDP in the next five years, improving lives of coastal communities, preserving India’s marine biodiversity and maintaining the security of our marine areas and resources. ....

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