Summary:
India has secured the second spot globally in fish production, thanks to its growing focus on the blue economy. Fish farming and related industries are now key parts of rural income and job creation. With increased government support and modern methods, India’s fish output is rising rapidly. This growth is also strengthening the nation’s GDP and helping coastal communities thrive. The blue economy is playing a big role in environmental sustainability and economic growth. India’s success in this sector is setting an example for other developing nations.
WHAT IS BLUE ECONOMY AND WHY IT MATTERS
The blue economy refers to the sustainable use of ocean and water resources for economic growth, improved livelihoods, and jobs. It includes industries like fisheries, aquaculture, shipping, coastal tourism, and renewable ocean energy. For India, with its vast coastline and water resources, the blue economy offers huge potential for economic development while maintaining ecological balance. It connects environmental care with income generation.
INDIA’S RISE IN GLOBAL FISH PRODUCTION
India has now become the second-largest contributor to Global Fish Production, only behind China. This growth is due to better aquaculture practices, investment in fishery infrastructure, and programs like PM Matsya Sampada Yojana. The increase in inland fish production and marine capture has placed India in a strong global position. With over 8% share in global fish output, India’s consistent efforts are bringing visible results.
FISH PRODUCTION’S ROLE IN RURAL INCOMES
Fisheries provide livelihood to over 2.8 crore people in India, especially in rural and coastal areas. Fish farming has become a key income source for small and marginal farmers. By encouraging inland fish farming, states like Andhra Pradesh and West Bengal are seeing a boom in rural earnings. The rising Global Fish Production from India is helping farmers get steady income, reduce migration, and improve nutrition.
HOW BLUE ECONOMY SUPPORTS GDP AND JOBS
India’s fisheries sector contributes around 1.07% to the national GDP and 6.72% to the agricultural GDP. The sector is expanding fast due to digital tools, better cold storage, and export support. It is estimated that the blue economy could contribute up to $100 billion to India’s GDP by 2030. This shift is creating lakhs of jobs in coastal states, making the blue economy a strong pillar of economic growth.
Reference:
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Sources: Adda 247.
