Sign In
Learn bits
Economy
Pradeep Kumar

13/07/21 10:00 AM IST

100 Billion “Blue Economy”

In news

India Aims to Target over 100 Billion “Blue Economy” Through Deep Ocean Mission and Ocean Resources.

Details
  • This could be a new avenue to supplement the country’s economy to the tune of an estimated Rs. 110 billion.
  • “Deep Ocean Mission'' planned by the Ministry of Earth Sciences will be carried out in collaboration with Indian Space Research Organisation(ISRO) and it will be a major step in the direction of integrating and bringing together the efforts of the different streams of science operating under different Ministries in the government.
  • The Ministry carries out its research & development and operational activities under five major umbrella schemes.
Benefits
  • It will also have far-reaching benefits for the common man.
  • For example, it could help in providing clean drinking water and explore the avenues of desalination of water as well as extracting minerals from the ocean belt.
Source: PIB

More Related Current Affairs View All

20 Feb

The Maharashtra Protection of Interest of Depositors (in Financial Establishments) Act, 1999

'Investors who were defrauded in the Torres Ponzi scam may receive about Rs 40 crore over the next six months.' The Mumbai Police’s Economic Offences Wing (EOW) has begun

Read More

18 Feb

Aravali safari park project

'The Haryana government’s ambitious 3,858 hectare Aravali safari park project spread across Gurugram and Nuh — which was one of the poll promises of the ruling Bharatiy

Read More

17 Feb

President’s rule function

'Recently,  four days after Manipur Chief Minister N. Biren Singh’s resignation, the Union government announced that President’s rule has been implemented in the v

Read More

India’s First Ai-Driven Magazine Generator

Generate Your Custom Current Affairs Magazine using our AI in just 3 steps