What is blue economy? The blue economy of India has enormous potential for sustainable economic growth and equitable use of resources. Evaluate.

Topic: Distribution of key natural resources across the world (including South Asia and the Indian sub-continent)

1. What is blue economy? The blue economy of India has enormous potential for sustainable economic growth and equitable use of resources. Evaluate. (250 words)

Difficulty level: Moderate

Reference: The HinduInsights on India

Why the question:

 The oceans hold a plenty of opportunities for the prosperity of our planet. It is therefore not surprising that the most prosperous cities and countries are endowed with a coast.

Key Demand of the question:

To write about the potential of blue economy and India’s strengths and weaknesses in this regard.

Directive word: 

Evaluate – When you are asked to evaluate, you have to pass a sound judgement about the truth of the given statement in the question or the topic based on evidence.  You must appraise the worth of the statement in question. There is scope for forming an opinion here.

Structure of the answer:

Introduction: 

Start by defining blue economy and its components.

Body:

Frist, write about 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.

Next, write ways of harnessing blue economy in India.

Next, write India’s strengths and weaknesses in harnessing blue economy in India.

Conclusion:

Conclude by writing a way forward.