PARLIAMENT QUESTION: INDIA’S BLUE ECONOMY

1. At a Glance

2. Why in the News

3. Background & Evolution

4. Core Static Facts

5. Multi-Dimensional Analysis

Economic - Blue Economy contributes ~4% to India's GDP (per draft policy); fisheries sector supports >28 million livelihoods. [S2] - Seaweed targeted as ₹-crore export commodity (hydrocolloids — agar, carrageenan); PMMSY funds bivalve & seaweed value chains. [S2]

Environmental / Scientific - DOM includes climate-change advisory services, ocean biodiversity exploration, and renewable ocean energy (OTEC, offshore wind). [S3] - Seaweed sequesters CO₂ and reduces coastal eutrophication; supports SDG-14 (Life Below Water).

Geopolitical / Strategic - Aligns with SAGAR doctrine (Security & Growth for All in the Region) and Indo-Pacific Oceans Initiative (IPOI). [S2] - Polymetallic nodule mining in Central Indian Ocean Basin secures critical minerals (Ni, Co, Cu, Mn) — strategic for EV/battery supply chains. [S3]

Administrative - Cross-cutting governance: MoES (policy), MoPSW (Sagarmala), DoF (PMMSY), MoEFCC (CRZ), MEA (IORA, IPOI) — coordination remains a bottleneck.

6. Recent Developments (last 12-18 months)

7. Prelims Hooks

8. Mains Relevance

9. Related Topics to Study Next

10. Common Errors / Trap Areas

11. Sources