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#1
The term "Blue Economy" was coined and conceptualized in 2010 by Belgian economist Gunter Pauli.
#2
The World Bank defines the Blue Economy as the sustainable use of ocean resources for economic growth, jobs, and ocean ecosystem health.
#3
India possesses a total coastline of 7,516.6 kilometers, covering 9 coastal states and 4 union territories.
#4
India commands an Exclusive Economic Zone (EEZ) of over 2.37 million square kilometers under UNCLOS.
#5
Over 95% of India's foreign trade by volume and 68% by value is transported via maritime shipping corridors.
#6
Approximately 30% of India's population resides in coastal areas, heavily reliant on coastal and marine livelihoods.
#7
India is the world's second-largest fish producer, contributing around 8% to global fish production.
#8
The Pradhan Mantri Matsya Sampada Yojana (PMMSY) was launched in 2020 with an outlay of ₹20,050 crore to modernize marine and inland fisheries.
#9
The Sagarmala Programme is the government's flagship initiative for port-led development, coastal economic zones, and logistics modernization.
#10
India possesses 12 Major Ports and over 200 notified non-major (minor) intermediate ports.
#11
The Deep Ocean Mission (DOM) was approved by the Union Cabinet in 2021 under the Ministry of Earth Sciences with an outlay of ₹4,077 crore.
#12
Under DOM, India is indigenously developing "MATSYA 6000," a human submersible capable of descending to ocean depths of 6,000 meters.
#13
The International Seabed Authority (ISA) has allocated India an exploration area of 75,000 sq km in the Central Indian Ocean Basin for Polymetallic Nodules.
#14
Polymetallic nodules (PMN) on the ocean floor contain critical strategic metals: Nickel, Cobalt, Copper, and Manganese.
#15
India is also developing technologies to extract Polymetallic Sulphides (PMS) containing gold, silver, and zinc from hydrothermal vents in the Indian Ocean.
#16
Ocean Thermal Energy Conversion (OTEC) exploits the temperature difference between warm surface waters and cold deep waters to generate clean electricity.
#17
The National Institute of Ocean Technology (NIOT) operates a low-temperature thermal desalination (LTTD) plant at Kavaratti, Lakshadweep.
#18
The Ministry of Earth Sciences released India's draft National Blue Economy Policy outlining seven key operational pillars.
#19
The Blue Economy aligns directly with United Nations Sustainable Development Goal 14 (Life Below Water).
#20
The SAGAR doctrine (Security and Growth for All in the Region), unveiled in 2015, shapes India's maritime vision across the Indian Ocean.
#21
Marine spatial planning (MSP) is being implemented by India in coastal regions like Puducherry and Lakshadweep in collaboration with Norway.
#22
Offshore wind energy projects are being advanced along the coasts of Tamil Nadu and Gujarat, targeting up to 37 GW of offshore wind capacity.
Subject Specialist Commentary
Analytical perspective & practical exam advice from the Master10 academic board
The Blue Economy refers to the sustainable use of ocean and marine resources for economic progress, better livelihoods, and healthy marine ecosystems. First popularized by economist Gunter Pauli, the concept is especially relevant for India, which possesses a vast coastline exceeding 7,500 kilometers and an Exclusive Economic Zone of over 2.3 million square kilometers. From offshore energy and deep-sea mining to sustainable fisheries and maritime shipping, ocean resources fuel national development.
For UPSC Mains and Prelims, examiners often test India's marine initiatives and economic data. Remember key government schemes: the Sagarmala Programme targets port-led industrial growth, while the Pradhan Mantri Matsya Sampada Yojana supports fisheries modernization. In SSC and state exams, watch for question traps regarding marine trade: over ninety-five percent of India's foreign trade by volume moves via sea. Also review the Deep Ocean Mission and its manned submersible, Samudrayaan, for science and technology sections.
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