What is the Blue Economy 2.0 initiative?

A government initiative focused on sustainable economic growth through the use of oceanic and coastal resources.

When was the Blue Economy 2.0 introduced in India?

It was introduced in India's interim budget of 2024.

What is the primary objective of Blue Economy 2.0?

To promote the sustainable use of marine resources in line with SDG-14, enhancing both environmental sustainability and economic growth.

Why is Blue Economy 2.0 important for India?

Due to India's strategic 7,500 km coastline and extensive exclusive economic zone, this initiative is vital for addressing climate change impacts and maritime pollution while boosting economic growth.

What are the key components of Blue Economy 2.0?

Restoration and adaptation of coastal ecosystems, expansion of coastal aquaculture and mariculture, and an integrated multi-sectoral approach involving various government departments and stakeholders.

Is blue economy good?

Yes, the blue economy is beneficial as it balances economic growth with marine conservation, supported by Blue Economy 2.0 and Blue Economy Policy goals.

What is the government scheme for blue economy?

India promotes the blue economy through the Blue Economy 2.0 scheme, announced under Blue Economy 2.0 Budget 2024 to boost coastal development and sustainability.

Who published the Blue Economy Vision 2025?

India’s Blue Economy Vision 2025 was published by the Government of India aligning with Blue Economy Policy and Blue economy 2.0 scheme notes.

Is India's 8.2% growth rate sustainable?

India’s 8.2% growth can be sustainable if supported by reforms, inclusive development, and long-term strategies like Blue Economy 2.0 scheme in India.

What is the concept of blue economy?

The blue economy focuses on sustainable use of ocean resources for growth, jobs, and ecology, guided by Blue Economy Policy and initiatives like Blue Economy 2.0 scheme in India.

What are the three pillars of the Blue Economy?

The three pillars are economic growth, environmental sustainability, and social inclusion, forming the core of Blue economy 2.0 scheme in India.

What are the 4 pillars of Indian economy?

The four pillars are agriculture, industry, services, and infrastructure, which also support marine sectors under Blue Economy 2.0.

Who is the father of the Blue Economy?

Gunter Pauli is known as the father of the Blue Economy, whose ideas influence Blue economy 2.0 scheme notes and global Blue Economy Policy.

What are the 5 principles of SDG?

The five SDG principles are People, Planet, Prosperity, Peace, and Partnership, closely linked with Blue Economy 2.0 objectives.

What are the 4 types of sustainable development?

The four types are environmental, economic, social, and institutional sustainability, all reflected in Blue Economy 2.0 scheme planning.

What are the three pillars of the Blue Economy?

The three pillars are economic growth, environmental sustainability, and social inclusion, forming the core of Blue economy 2.0 scheme in India.

What are the 4 pillars of Indian economy?

The four pillars are agriculture, industry, services, and infrastructure, which also support marine sectors under Blue Economy 2.0.

Who is the father of the Blue Economy?

Gunter Pauli is known as the father of the Blue Economy, whose ideas influence Blue economy 2.0 scheme notes and global Blue Economy Policy.

What are the 5 principles of SDG?

The five SDG principles are People, Planet, Prosperity, Peace, and Partnership, closely linked with Blue Economy 2.0 objectives.

What are the 4 types of sustainable development?

The four types are environmental, economic, social, and institutional sustainability, all reflected in Blue Economy 2.0 scheme planning.

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Exploring the Depths of Blue Economy 2.0: India’ Scheme For Sustainable Coastal Development

Komal Bajpai

Author

Updated: 19-12-2025 at 3:30 PM

In the pursuit of long-term sustainability and inclusive growth, India’s Blue Economy 2.0 scheme has emerged as a transformative step towards the responsible use of ocean and coastal resources. Announced as part of the Budget 2024, this initiative aims to strike a balance between economic development and environmental conservation across India’s vast coastline and marine ecosystems. By integrating sustainability with innovation, Blue Economy 2.0 aims to strengthen livelihoods, protect biodiversity, and position India as a global leader in sustainable marine development under a unified Blue Economy Policy.

Overview

The table below highlights the key importance of the Blue Economy 2.0 scheme in India:-

Particulars	Details
Scheme Name	Blue Economy 2.0 scheme
Announced In	Blue Economy 2.0 Budget 2024
Objective	Sustainable use of ocean and coastal resources
Key Focus Areas	Fisheries, shipping, tourism, renewable energy, coastal restoration
Aligned With	SDG-14 (Life Below Water)
Beneficiaries	Coastal communities, fishermen, MSMEs, marine industries
Implemented By	Government of India (multi-ministerial approach)

Also Read: Helping Street Sellers And Strengthening India's Economy

Latest News

In the Interim Budget 2024, the Government of India reaffirmed its commitment to strengthening the Blue Economy 2.0 scheme in India through increased focus on coastal restoration, marine biodiversity protection, and climate-resilient infrastructure. The announcement underlined the importance of aligning economic growth with environmental responsibility, further strengthening India’s long-term Blue Economy Policy goals.

The initiative also aligns with ongoing missions such as the Deep Ocean Mission and the Sagarmala Project, reflecting India’s intent to unlock the economic potential of oceans while maintaining ecological balance through blue economy 2.0 initiatives.

What Is Blue Economy 2.0?

At its heart, the blue economy 2.0 scheme is about making oceanic and coastal resources more sustainable. The initiative is consistent with SDG-14, which calls for the conservation and sustainable use of our oceans, seas, and marine resources for sustainable development. It encompasses diverse activities such as shipping, fisheries, tourism and energy that promote environmental sustainability in addition to economic growth.

Why Focus On Blue Economy 2.0?

India’s strategic location, with a coastline stretching over 7,500 km and an Exclusive Economic Zone (EEZ) of more than 2.2 million square kilometres, highlights the immense potential of Blue Economy 2.0. The initiative not only aims to boost economic output from marine resources but also addresses urgent challenges such as climate change impacts, rising sea levels, coastal erosion, and marine pollution.

Through the blue economy 2.0 scheme notes, policymakers emphasise the importance of climate resilience, ecosystem restoration, and sustainable livelihoods for coastal communities.

India’s strategic location with over 7,500 km long coastline and exclusive economic zone (EEZ) covering more than 2.2 million square kilometres, signifies the potential and need for a robust Blue Economy 2.0 India.

Besides aiming at enhancing economic growth through it, this initiative also looks at pressing needs for climate change resilience/restoration plans due to climate change effects and maritime pollution.

Also Read: The Roadmap Of The Budget 2024: 30 Lakh Crore Allocated For Schemes And Expenditure

Key Components Of Blue Economy 2.0

Restoration & Adaptation: The Blue Economy 2.0 scheme prioritises restoring degraded coastal ecosystems and implementing adaptation measures to counter climate change impacts such as sea-level rise and extreme weather events. These efforts are essential for conserving biodiversity and protecting coastal livelihoods.

Coastal Aquaculture & Mariculture Expansion: A major focus area under the Blue Economy 2.0 Budget 2024 is the expansion of sustainable aquaculture and mariculture practices. This approach helps meet the rising demand for seafood while reducing pressure on wild fish stocks and creating employment opportunities for coastal communities.

Integrated Multi-Sectoral Approach: The blue economy 2.0 scheme in India follows an integrated development model involving collaboration between multiple government departments, industries, research institutions, and civil society. This coordinated approach ensures holistic and sustainable coastal development.

Government Initiatives Supporting Blue Economy 2.0

Several existing government initiatives support the objectives of Blue Economy 2.0, including:

Together, these programmes strengthen India’s long-term Blue Economy Policy and reinforce the goals of Blue Economy 2.0 development.

The Future of Blue Economy 2.0

The blue economy 2.0 scheme notes indicate that this initiative is set to redefine how India manages and utilises its marine and coastal resources. With the global ocean economy expected to double by 2030, India’s focused approach could become a model for sustainable marine economic practices around the world.

Conclusion

The Blue Economy 2.0 scheme marks a significant shift in India’s approach to marine and coastal development. By prioritising sustainability, climate resilience, and community participation, the initiative supports economic growth while safeguarding marine ecosystems for future generations. With its forward-looking framework and strong policy backing, Blue Economy 2.0 has the potential to transform India’s coastal regions into centres of sustainable prosperity and set a global benchmark for responsible ocean governance.

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