NITI Aayog publishes a report titled “Strategy for the development of Seaweed Value Chain” | Current Affairs | Vision IAS
MENU
Home

Periodically curated articles and updates on national and international developments relevant for UPSC Civil Services Examination.

Quick Links

High-quality MCQs and Mains Answer Writing to sharpen skills and reinforce learning every day.

Watch explainer and thematic concept-building videos under initiatives like Deep Dive, Master Classes, etc., on important UPSC topics.

ESC

Seaweeds are numerous types of marine plants and macro algae that thrive in rivers, lakes, and other bodies of water.

  • Cultivation of seaweeds are part of aquacultures. Fishing and aquaculture sector contributes 1.5% of India’s GDP.

Significance of Seaweed Farming

  • Economic: Valuable for bioactive compounds and applications in food, pharmaceuticals etc.
  • Environmental: Important role in Carbon Sequestration & climate resilience.
  • Nutrition imperative: Provide vital minerals and Vitamins like A, B1, B12, etc. 

Challenges faced by Seaweed Farming  

  • Lack of a comprehensive policy framework
  • Lack of availability of quality Seeds 
  • Ecological concerns (Exotic species impact on biodiversity and coral reefs).

Recommendations For Promoting Seaweed Farming 

  • Regulatory and governance reforms: Forming National Steering Committee; Priority Sector Lending (PSL) for seaweed, etc.
  • Social Security and Financial Support: Providing crop insurances; mobilization of farmers through SHGs etc.
  • Infrastructure and institutions: Establishment of seed banks, processing centers, marketing centers etc.

Steps taken

  • PM Matsya Sampada Yojana: Target of 1 million ton seaweed production per year by 2025. 
  • Constitution of an expert committee chaired by Dr. V K Saraswat (NITI Aayog) to review the draft policy on the development of seaweed value chain in India.
  • Offshore cultivation in Andaman region started by National Institute of Ocean Technology- Atal Centre for Ocean Science and Technology for Islands (NIOT-ACOSTI). 
  • Development of a GIS-based portal: To view the mapped seaweed cultivation sites.
Watch Video News Today

Explore Related Content

Discover more articles, videos, and terms related to this topic

RELATED VIDEOS

3
News Today (Aug 03, 2024)

News Today (Aug 03, 2024)

YouTube HD
Circularity in Textile Structure

Circularity in Textile Structure

YouTube HD
Growth of Tier 2 and Tier 3 Cities in India

Growth of Tier 2 and Tier 3 Cities in India

YouTube HD
Title is required. Maximum 500 characters.

Search Notes

Filter Notes

Loading your notes...
Searching your notes...
Loading more notes...
You've reached the end of your notes

No notes yet

Create your first note to get started.

No notes found

Try adjusting your search criteria or clear the search.

Saving...
Saved

Please select a subject.

Referenced Articles

linked

No references added yet

Subscribe for Premium Features