Topic: Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment.
3. Explain the significance of blue economy for India. (250 words)
Reference: Business Standard
Why the question:
The Chief of Naval Staff has recently highlighted the role of the Indian Navy in supporting and safeguarding the blue economy. Thus the question.
Key Demand of the question:
One is
Directive:
Explain – Clarify the topic by giving a detailed account as to how and why it occurred, or what is the particular context. You must be defining key terms where ever appropriate, and substantiate with relevant associated facts.
Structure of the answer:
Introduction:
Start with basic definition of Blue economy.
Body:
Explain the importance of Blue Economy; Contribute to food security, poverty alleviation, Mitigation and resilience to the impacts of climate change, Enhanced trade and investment, Enhanced maritime connectivity. Explain these points in detail.
Then discuss the means and methods to augment this blue economy.
Conclusion:
Conclude with way forward.
