Prospects of Fisheries and Aquaculture Market in Bihar for Sustainable Blue Economy in India

Authors: Sandeep Kumar Gupta

Abstract:

Blue Economy is related to Sustainable Development Goal 14 “Life Below Water”. India's strategic maritime position in the Indian Ocean, coupled with its extensive coastline, significant Exclusive Economic Zone (EEZ), and robust maritime trade, underscores its immense potential for Blue Economy growth. As the world's second-largest fish producer, India’s fisheries and aquaculture sectors are critical for providing food, nutrition, employment, and livelihoods. However, the accessibility of seafood remains predominantly confined to coastal regions, limiting its potential to bolster economic and nutritional benefits in inland areas. The Bihar State’s large part remains under flood water, rain water and water released by Nepal through rivers flowing towards India. Consequently, the rural population cannot cultivate land and is only dependent on food that grows with water. The hypothesis is that if the seafood market is brought in this region, then there is a lot of potential for the development of the blue economy in Bihar. It will not only help in economic development but will also help in generating employment and getting nutritious food. It can neutralize food scarcity due to water logged situations. Expanding the seafood market to interior regions, such as Bihar, which has unique geographical and demographic challenges, presents a significant opportunity for Blue Economy advancement. The state’s reliance on freshwater fish and its vulnerability to waterlogged conditions highlight the untapped potential for introducing seafood markets. Such an initiative can address food security concerns, generate employment, enhance nutrition, and foster economic growth in waterlogged and flood-prone areas. Thus, the domestic market can provide big access to fisheries, aquaculture and other ocean products in India and can be a source of sustainable development.

Keywords: Blue economy, sustainable development, seafood market, Exclusive Economic Zone, food security.

References:

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