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NITI Aayog Blue Economy Report on Deep-Sea Fisheries

14 October 20251 min read
REPORTS & INDEXESNITI Aayog BlueEconomy Reporton Deep-SeaFisheries14 October 2025safalsetu.com

Why in the news

NITI Aayog’s Prof. Ramesh Chand and CEO B.V.R. Subrahmanyam launched a Blue Economy strategy for deep-sea fishing.

Key facts

  • Nearly 30 million livelihoods; exports ₹60,523 crore in FY 2023-24.
  • Coastline 11,098 km (9 states, 4 UTs); EEZ above 2 million sq. km.
  • Untapped deep-water yield potential: 7.16 million tonnes.

Recommendations

  • Simpler licensing aligned with global norms; stronger institutions.
  • Fleet modernisation through cooperatives; sustainable management.
  • Financing via convergence of schemes; community and PPP participation.

Roadmap

PhaseYearsGoal
12025-28Foundation
22029-32Scale and compete
32033 onwardsGlobal leadership

Exam angle

  • Releasing body: NITI Aayog.

Test yourself

1. Which body released the report 'India's Blue Economy: Strategy for Harnessing Deep-Sea and Offshore Fisheries'?

The report was launched by NITI Aayog.

2. What is the estimated yield potential of India's largely unexploited deep waters, according to the report?

The deep-water yield potential is estimated at 7.16 million tonnes.

3. India's share of global fish production is about how much, per the NITI Aayog report?

India is the second-largest producer with 8% of global production.

This topic is part of Daily Current Affairs 14 October 2025 (19 topics).

All topics of the dayDay quizOctober 2025

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