🔹 About
1. It focuses on deep-sea mining, ocean climate change advisory services, underwater vehicles and underwater robotics related technologies.
2. Nodal Ministry - Ministry of Earth Sciences (MoES)
3. It is a mission mode project to support the Blue Economy Initiatives.
4. Blue Economy is the sustainable use of ocean resources for economic growth, improved livelihoods and jobs, and ocean ecosystem health.
🔹 Components
1. Development of Technologies for Deep Sea Mining, and Manned Submersible
2. Development of Ocean Climate Change Advisory Services
3. Technological innovations for exploration and conservation of deep-sea biodiversity
4. Deep Ocean Survey and Exploration
5. Energy and freshwater from the Ocean
6. Advanced Marine Station for Ocean Biology
🔹 International Seabed Authority
1. An intergovernmental body that organizes, regulates and control all mineral (non-living resources) related activities in the international seabed area beyond the limits of national jurisdiction. It is established by the Law of the Sea Convention
2. HQ : Jamaica
3. Established in 1994
4. It functions under the aegis of the United Nations Convention on Law of the Sea (UNCLOS)
🔹 Other Blue Economy Initiatives
1. India-Norway Task Force on Blue Economy for Sustainable Development
2. Sagarmala Project
3. O-SMART
4. Integrated Coastal Zone Management
5. National Fisheries Policy
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