Cabinet Committee of Economic Affairs approves Deep Ocean Mission
Cabinet Committee of Economic Affairs approves Deep Ocean Mission
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In a bid to  explore deep ocean for resources and develop deep-sea technologies for sustainable use of ocean resources, the Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi, has approved the proposal of the Ministry of Earth Sciences (MoES) on “Deep Ocean Mission”,

The estimated cost of the Mission will be Rs. 4077 crore for a period of 5 years to be implemented in a phase-wise manner. The estimated cost for the first phase for the 3 years (2021-2024) would be Rs.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.

The Deep Ocean Mission consists of the following key parameters:

Development of Technologies for Deep Sea Mining, and Manned Submersible: This component will help the Blue Economy priority area of exploring and harnessing of deep sea minerals and energy

Development of Ocean Climate Change Advisory Services: This component will support the Blue Economy priority area of coastal tourism.

Technological innovations for exploration and conservation of deep-sea biodiversity: This component will support the Blue Economy priority area of Marine Fisheries and allied services.

Deep Ocean Survey and Exploration: This component will additionally support the Blue Economy priority area of deep sea exploration of ocean resources.

Energy and freshwater from the Ocean: This component will support the Blue Economy priority area of off-shore energy development.

Advanced Marine Station for Ocean Biology. This component will support the Blue Economy priority area of Marine Biology, Blue trade and Blue manufacturing.

 

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