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India : Interim budget mentions blue economy 2.0


While the term blue economy can simply refer to economic activities related to the sea and the coasts, it is generally understood to have an element of sustainability in it. Thus, while the European Commission defines it as “all economic activities related to oceans, seas and coasts. It covers a wide range of interlinked established and emerging sectors”; the World Bank says blue economy is the “sustainable use of ocean resources for economic growth, improved livelihoods, and jobs while preserving the health of ocean ecosystem.”

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India : Interim budget mentions blue economy 2.0