Experts dissecting Budget 2019 have been remiss in not discussing the inclusion of an agenda to develop the Blue Economy. A strategy to develop blue manufacturing and blue services will have to focus on several sub-sectors. I suggest that for effective policy intervention, the entire spectrum of the Blue Economy will require a deep analysis of the underlying constituents of these sub-sectors. Akin to the Tribal Sub-Plan in the budget exercise, a dedicated chapter on the Blue Economy in the state and Union budgets could be a beginning. Commitment to the development of the Blue Economy has been expressed by a mention in the budget speech.

Source: Indian Express July 17, 2019 18:45 UTC