Vice President M. Venkaiah Naidu has called for fully tapping the enormous potential of the Blue Economy for the country to achieve higher economic growth. Observing that the objective of the Blue Economy is to promote smart, sustainable and inclusive growth and employment opportunities through maritime economic activities, the Vice President wanted appropriate programs to be initiated for sustainable harnessing of ocean resources.
Interacting with the Scientists of National Institute of Oceanography (NIO), in Dona Paula, Goa today, Naidu pointed out that India was meeting most of its oil and gas requirements through imports and urged the scientists to step up their research in areas such as ocean energy and marine energy. “Scientists should study the potential of renewable energy derived from the ocean– from wind, wave and tidal sources”, he added.
Asking the Institute to act as a nodal centre for Blue Economy related research and technology development, Naidu said there was a need to focus on ocean centric technology to harness the marine resources for sustained growth of India. Development of technologies for deep sea mining, underwater vehicles and underwater robotics for extraction of minerals should be initiated. “NIO should also undertake research on development of drugs from the sea”, he added.
The Vice President said that a focused approach in some of the areas such as minerals from the ocean, energy from ocean can make India a global leader and serve our national goals.
‘However, while pursuing the “blue growth”, every effort must be made by all the stakeholders, including private and public sectors, to prevent further degradation of the ocean and its ecosystems’, he added.
In view of global warming, resource degradation and marine pollution, we have to conserve and sustain our oceans as time is running out, Naidu said and advised CSIR-NIO to play a major role through its ocean observation studies in understanding different ocean processes due to climate change.
Naidu lauded NIO for providing specialized services to society in addressing ocean-related problems. He also expressed happiness that the institute helped in preparing India’s claim for an extended continental shelf with an area of about a million square kilometres.