Panaji, Mar 24 : Vice President M Venkaiah Naidu on Sunday called for fully tapping the enormous potential of the blue economy for the country to achieve higher economic growth.
Interacting with the Scientists of National Institute of Oceanography (NIO) at Dona Paula, near the city, he observed that the objective of the blue economy was to promote smart, sustainable and inclusive growth and employment opportunities through maritime economic activities and wanted appropriate programs to be initiated for sustainable harnessing of ocean resources.
Pointing out that India was meeting most of its oil and gas requirements through imports and urged the scientists to step up their research in areas such as ocean energy and marine energy, he said,“Scientists should study the potential of renewable energy derived from the ocean-- from wind, wave and tidal sources.”
Asking the Institute to act as a nodal centre for blue economy related research and technology development, Mr Naidu said there was a need to focus on ocean centric technology to harness the marine resources for sustained growth of India.
Development of technologies for deep sea mining, underwater vehicles and underwater robotics for extraction of minerals should be initiated, he said, adding NIO should also undertake research on development of drugs from the sea.
The Vice President said a focused approach in some of the areas such as minerals from the ocean, energy from ocean could make India a global leader and serve national goals.
Mr Naidu lauded NIO for providing specialized services to society in addressing ocean-related problems. He also expressed happiness that the institute helped in preparing India’s claim for an extended continental shelf with an area of about a million square kilometres.
The Vice President also attended a presentation on various aspects and applications of Oceanography and visited laboratories and exhibition galleries at NIO. He applauded the good work being done by the Scientists and Scholars of NIO, especially in the field of conservation.