In a landmark step towards harnessing India’s vast oceanic potential, Union Minister of State (Independent Charge) for Science and Technology and Earth Sciences, Dr Jitendra Singh, on Saturday launched India’s first-ever open-sea marine fish farming project in the Andaman Sea. The pioneering initiative was inaugurated at North Bay near Sri…
Tag: #BlueEconomy
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Blue Economy Future: Andaman & Nicobar Islands
Sri Vijaya Puram (Port Blair): The Andaman & Nicobar Islands are set to emerge as a major hub of India’s Blue Economy, with the government placing strong emphasis on harnessing marine resources through science, technology and biotechnology, Union Minister Dr Jitendra Singh said on Friday. The Union Minister of State…
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India, Israel Sign Joint Declaration on Fisheries & Aquaculture
In a landmark move to enhance bilateral cooperation, India and Israel signed a Joint Ministerial Declaration of Intent to strengthen collaboration in fisheries and aquaculture. The announcement followed a successful visit of a high-level Indian delegation, led by Union Minister Shri Rajiv Ranjan Singh, to Israel from 13–15 January 2026…
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Union Minister Rajiv Ranjan Singh to Attend Blue Food Security Summit in Israel
Union Minister of Fisheries, Animal Husbandry & Dairying, Shri Rajiv Ranjan Singh, will undertake an official visit to Israel from 13–15 January 2026 at the invitation of Israel’s Minister of Agriculture and Food Security, Mr. Avi Dichter. The visit is part of the Second Global Summit on Blue Food Security:…
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PM Modi Hails ICGS Samudra Pratap Commissioning
Prime Minister Narendra Modi on Wednesday hailed the commissioning of Indian Coast Guard Ship (ICGS) Samudra Pratap, describing it as a significant milestone in India’s maritime journey and a strong endorsement of the country’s vision of self-reliance in defence. Responding to a post by Defence Minister Rajnath Singh on social…
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Amit Shah Inaugurates ₹373 Crore Projects in Andaman & Nicobar
Union Home and Cooperation Minister, Shri Amit Shah, today inaugurated and laid the foundation stone for multiple development projects worth ₹373 crore in Sri Vijaya Puram, Andaman and Nicobar Islands. The event was attended by Union Minister of State for Home Affairs Shri Nityanand Rai, Shri Bandi Sanjay Kumar, Lieutenant…
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India’s First Maritime NBFC SMFCL Begins Lending with ₹4,300 Cr
Sagarmala Finance Corporation Limited (SMFCL), India’s first Non-Banking Financial Company exclusively focused on the maritime sector, has formally commenced its lending operations, marking a significant milestone in the country’s evolving maritime finance ecosystem. The corporation approved loan sanctions of approximately ₹4,300 crore at its 51st Board Meeting held on December…
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Govt Notifies ₹44,700 Cr Shipbuilding Schemes to Boost Capacity
In a major boost to India’s maritime ambitions, the Ministry of Ports, Shipping and Waterways (MoPSW) has notified operational guidelines for two flagship initiatives aimed at revitalising the domestic shipbuilding ecosystem. With a combined financial outlay of ₹44,700 crore, the Shipbuilding Financial Assistance Scheme (SBFAS) and the Shipbuilding Development Scheme…
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Lakshadweep Opens New Investment Avenues in Fisheries Sector
The Union Territory of Lakshadweep marked a major milestone in its economic journey as the Department of Fisheries, Government of India, organised its first-ever Investors’ Meet to unlock the islands’ vast and untapped fisheries potential. Held on December 13, 2025, at Bangaram Island, the event showcased Lakshadweep as a promising…
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India–EU Ideathon Winners Tackle Marine Plastic
The India–European Union Ideathon on “Combating Marine Plastic Pollution” concluded in Bhubaneswar with three winning teams chosen for their practical, scalable ideas to track, remove and prevent plastic litter in marine and coastal ecosystems. The two-day finale, organised under the India–EU Trade & Technology Council (TTC) Working Group 2 and…