PrelimsEconomy & Banking
Odisha Approves ₹2,295 Crore Deep Sea Fishing Mission
Blue EconomyFisheries
### Why in News?
- The **Odisha Cabinet** approved a **Deep Sea Fishing Mission** with an estimated outlay of **₹2,295.45 crore**.
### Key Details
- The mission will run during **2026-2036** and seeks to expand sustainable offshore fishing and modernise marine-fisheries infrastructure.
- It aims to strengthen seafood exports and fishing-community livelihoods through a mix of government support, beneficiary participation, institutional finance and **public-private partnership**.
- The mission forms part of Odisha’s effort to expand its **blue economy**.
### Exam Connect
- **Blue Economy** → Sustainable use of ocean and coastal resources for economic activity and livelihoods.