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Time ripe to unlock the potential of Blue Economy: Jagan


CM speaks at the virtual meet of Maritime Indian Summit 2021
Chief Minister Y.S. Jagan Mohan Reddy has said that true value of “Blue Economy” is unlocked only when all the allied sectors, which are directly and indirectly dependent on the ocean such as aquaculture, maritime & coastal tourism, chemical & bio-technological exploration, ship building and other port led industries provide sustainable employment and growth opportunities.
Mr. Jagan was speaking at the “Maritime India Summit 2021”, which was inaugurated by Prime Minister Narendra Modi virtually, from his camp office here, on Tuesday.
“The draft of the first-ever National Fishing Policy released by Government of India in September 2020 is an example of the steps taken in that direction. Now, 95% of India’s trading by volume and 70% by value is through maritime transport. Indian ports handled approximately 1.2 billion metric tonnes of cargo traffic in the year 2019-20 and much required policy refo ....

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