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

08 Sep

Rajasthan’s coaching centre Bill

'The Rajasthan Coaching Centres (Control and Regulation) Bill, 2025, is a significant piece of legislation passed by the Rajasthan Assembly to regulate and oversee the state's burg

Read More

28 Aug

IADT-1

'Recently, the Indian Space Research Organisation (ISRO) successfully carried out its first Integrated Air Drop Test (IADT-1), a crucial milestone in the preparation for the countr

Read More

28 Aug

H-1B visa changes

'H-1B visa changes 2025: United States Commerce Secretary Howard Lutnick called the popular H-1B visa program a “scam”, saying that American businesses should be focuse

Read More

India’s First Ai-Driven Magazine Generator

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