Phase IFoundation
Background
Overview
The Blue Economy is critical for India's economic development, food security, energy needs, and environmental sustainability, given its vast coastline and Exclusive Economic Zone. It aligns with global sustainable development goals and requires integrated policy frameworks.
The Blue Economy refers to the sustainable use of ocean resources for economic growth, improved livelihoods, and ocean ecosystem health. It encompasses various sectors like fisheries, aquaculture, marine tourism, renewable energy, and maritime transport, aiming for economic development while ensuring environmental sustainability.