Exploring Deep-Sea Resources for India’s Growth by 2047

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“Exploring unexplored or under-explored sectors is vital for achieving the India 2047 goal”. This was stated here today by Union Minister Dr Jitendra Singh while addressing the “States’ Policy Conclave 2024” organised by PHD Chamber of Commerce & Industry.

The Minister underscored the need to explore sectors like the deep sea and Himalayas. He said that by the end of the next year India will be in a position to commission its deep-sea mission. He said that marine resources are one such area which is yet to be fully explored. As many as twelve States in India scaling above 75 hundred kilometer located around the sea right from Orissa to Maharashtra.

The deep-sea, said Dr Jitendra Singh, has a huge concentration of natural resources which needs to be explored in such a way that it could contribute to the growth trajectory of the nation. He said that our ancestors had smelt the smell of deep-sea.

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Dr. Jitendra Singh informed that India has had a favourable political dispensation since last one decade; this could also help in achieving the goal of 2047. Due to lack of political milieu the deep-sea exploration remained unexplored since the last 7 decades.

He said that Himalayan resources are also equally important for the States which are located in its lap like Himachal Pradesh, Uttarakhand and other States. Before any others, this government has woken up as far as marine resources are concerned and gearing up for the purple mission. In consecutive last two Independence Day 2022-2023 the Prime Minister in his address mentioned this which is usually not supposed to be figured in the Independence Day speech of Prime Minister Modi. However, by the end of next year India will habit all deep-sea missions.

He said startup is such a mission it need not require a person to be well versed in English, it is easy for anyone to start a startup but it is so difficult to sustain. Highlighting the success of startups in Lavender, the Union Minister said J&K has now around 3000 lavender startups.

Dr. Jitendra Singh said that right from the beginning, optimum industry linkage is essential. As close as possible we have to build a linkage between academia research and industry. In India in 2014 there were only 350 startups whereas now it is spiked into 1.7 lakh claiming third position in the world. He said that his government is contemplating to float national resource foundation design on global strategy to achieve the target 2047.

Exploring Deep-Sea Resources for India’s Growth by 2047

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