India needs to look at all angles to spur a blue economy
Wed, Jun 9 2021 14:21 IST |
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India needs to look at all angles to spur a blue economy.. Image Source: IANS News
New Delhi, June 9: Indias blue economy-essentially the ocean economy-is making a healthy 4 per cent contribution to India s gross domestic product.
Yet, this a proverbial drop in the ocean. Unfortunately, India s marine policy has remained fragmented, notwithstanding the ambitious Sagarmala project.
But as India prepares for a post Covid phase with a focus on economic revival, reliance on the blue economy, which has not been leveraged fully, will inevitably be amplified.