Blue Economy As An Emerging Sector Of Employment In India

Research Article
Kulkarni U. Y
DOI: 
http://dx.doi.org/10.24327/ijrsr.2019.1003.3293
Subject: 
science
KeyWords: 
Aquaculture, Exclusive, Economic Zone (EEZ), ecological sustainability
Abstract: 

Every economy said to be developed when standard of living of the citizens are constantly uplifted. Employment generation, poverty eradication, increase in gross domestic product rate, rising of total national income (NET), advanced use of technology these are some of the indicators which shows economy is developing and going to be developed in next future. Employment generation is the basic and crucial sector of every economy, it is immaterial that economy is developed or developing. In the developing countries employment is the chronic problem as it acts as a pillar for the generation of currency in the country. And if velocity currency is more then citizens and there standard of living uplifted. As far as India is concern huge population gives the set back and ultimately it leads to poverty. To create or give the opportunities of employment to every youth according to his/her education standard is really difficult task rather that it is impossible. Hence forth India and other countries like India has to discover new and innovative areas of generation of employment, or the use of natural sources which are available abundantly free of cost such as sunlight, wing energy, water energy. Already in India it has been started to use the power of wind or solar energy. But use of water or ocean for the creation of job is much lagging behind. It is called ‘Blue Economy.’ India having a long history of transportation through ocean water but use of ocean water for sustainable development of economy is come into existence in recent decades only. So the concept of blue economy come into existence, recently it has transformed from infant to grown up child. It is also believed that countries undertaking the initiative of ‘Blue Economy’ would be able to achieve high economic growth and maintain healthy balance between resources use and its renewability. The ocean water is one of the precious gift of god and available in plentiful manner so Indian should use this gift an emerging sector for development of economy through employment generation.