NITI Aayog Report on Strategy for the Development of Seaweed

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NITI Aayog Report on Strategy for the Development of Seaweed

Context:

Recently, NITI Aayog submitted the report on Strategy for the development of Seaweed Value Chain.

 

Overview of the Report:

  • The report aims to be a milestone in developing the seaweed sector, with the goal of realising its full potential by 2047.
  • The strategy document outlines a plan to develop the seaweed value chain in India, potentially increasing the income of over 5 million coastal fishermen and aiding in carbon capture to achieve net zero carbon emissions by 2070.
  • NITI Aayog is promoting cooperative federalism through state engagements, incorporating feedback from maritime states and suggesting the establishment of Centers of Excellence in each coastal state.
  • These Centers of Excellence will support growth through marketing, product development, skill development, seedling availability, incubation, monitoring, and disease management.
  • The strategy seeks to develop a shared national understanding of the challenges and opportunities in the seaweed sector and provide a common starting point for stakeholders.

 

NITI Aayog Report on Strategy for the Development of Seaweed

 

What are Seaweeds?

  • Seaweeds are macroscopic algae growing in marine and shallow coastal waters, as well as on rocky shores.
  • They are considered “wonder plants of the sea” and are a renewable source of food, energy, chemicals, and medicines.
  • They are known as the “Medical Food of the 21st Century”.
  • Seaweeds, including green (Chlorophyta), brown (Phaeophyta), and red (Rhodophyta) types, are marine plants and macroalgae thriving in various aquatic environments.
  • They are valued for bioactive metabolites, manure, fodder, and cell wall polysaccharides like agar, algin, and carrageenan.
  • Seaweed cultivation offers several benefits: Water efficiency, High nutrient density, Creation of biofuels, Applications in pharmaceuticals, cosmetics & agriculture.
  • Seaweed has ecological benefits, such as carbon sequestration.
  • Kappaphycus alvarezii seaweed extract can reduce greenhouse gas emissions in sugarcane cultivation by supplementing synthetic fertiliser inputs.

 

Challenges Addressed:

  • India faces challenges like lack of awareness, research, and a comprehensive policy framework.
  • A strategy document addresses: Environmental concerns, Economic feasibility, Identification of suitable cultivation sites, On-shore and off-shore cultivation methods, Best practices in cultivation, governance, product development, and harvesting

 

Recommendations:

  • Regulatory and Governance: Amend rules to include seaweed cultivation and develop standards for its products.
  • Form a National Steering Committee and committees for seed import and certification. Include seaweed in Priority Sector Lending (PSL).
  • Social Security and Financial Support: Provide insurance for seaweed crops and farmers. Expand financial support and mobilise farmers through SHGs and FFPOs.
  • Incentivising Investments and Ease of Doing Business: Include seaweed in e-NAM and agriculture mandis.
  • Infrastructure and Institutions: Establish seed banks, processing centres, and marketing hubs. Set up Centres of Excellence (CoE) for seaweed support.
  • Skill Development and Research: Offer training courses and research new seaweed-based products and carbon credits.

 

India’s Seaweed Potential:

  • India has extensive marine resources along its coastline and within its Exclusive Economic Zone (EEZ) of over 2 million square kilometres, suitable for sustainable seaweed mariculture.
  • India produces less than 1% of global seaweed production, which totals USD 2.65 billion across 98 countries.
  • Seaweed farming is part of aquaculture. The fishing and aquaculture sectors together make up 1.5% of India’s GDP.
  • Major seaweed-producing countries include China, Indonesia, Philippines, Republic of Korea, and Malaysia.
  • India aims to become a leader in producing bio-ethanol, bio-stimulants, nutraceuticals, and potentially aviation fuel.
  • The Indian government aims to expand seaweed production to at least 1 million tons per year by 2025 through the Pradhan Mantri Matsya Sampada Yojana, also known as the ‘Blue Revolution’ scheme.

 

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