CURRENT AFFAIRS

Detailed explanation-1: -2823.4 crore. Deep Ocean Mission with be a mission mode project to support the Blue Economy Initiatives of the Government of India. Ministry of Earth Sciences (MoES) will be the nodal Ministry implementing this multi-institutional ambitious mission.

Detailed explanation-2: -The Blue Economy is an important Indian scientific mission with deep-sea fishing, marine aquaculture, seabed mining and minerals, ocean energy, as some of its major verticals. Blue Economy is ready to propel the nation into a higher growth trajectory. Know more about this mission in this show.

Detailed explanation-3: -The program will consist of various crewed and uncrewed submersibles exploring the sea bed. One of the primary aims of the mission is to explore and extract polymetallic nodules, which are composed of minerals like manganese, nickel, cobalt, copper and iron hydroxide.

Detailed explanation-4: -Detailed Solution. The correct answer is Ministry of Earth Sciences and ISRO. India aims to target over 100 billion ‘Blue Economy’ through its Deep Ocean Mission (DOM) and ocean resources.

Detailed explanation-5: -“The blue economy concept seeks to promote economic growth, social inclusion and preservation or improvement of livelihoods while at the same time ensuring environmental sustainability-all issues integral to the 2030 Agenda.