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NITI Aayog Report on Blue Economy
October 18 , 2025
16 hrs 0 min
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- NITI Aayog released a report titled “India’s Blue Economy: Strategy for Harnessing Deep-Sea and Offshore Fisheries”.
- The report outlines a framework to expand deep-sea fisheries within India’s Exclusive Economic Zone (EEZ) of over 2 million sq. km.
- India ranks second globally in fish production, contributing 8% of global output and supporting around 30 million livelihoods.
- Fisheries exports earned ₹60,523 crore in FY 2023–24, with deep-sea potential largely untapped beyond the continental shelf.
- The EEZ has an estimated potential yield of 7.16 million tonnes from conventional and non-conventional marine resources.
- 6 key interventions include policy reform, institutional capacity, fleet modernization, sustainable management, financing, and community participation.
- The report proposes inclusive fleet development through fisher cooperatives and cluster-based approaches.
- A phased roadmap with investment estimates is outlined: Phase 1 (2025–28), Phase 2 (2029–32), and Phase 3 (2033 onwards).
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