The India Maritime Summit took place from 14 to 16 April 2016 and was launched with much fanfare by Prime Minister Narendra Modi. In the Rajya Sabha, the Minister of State in the Ministry of Shipping announced that 141 Memoranda of Understanding/Business Agreements were signed, with estimated investments of about Rs. 83,000 crores. A National Perspective Plan for what has been termed “port-led development”, prepared under Sagarmala (a longterm programme approved by the Union Cabinet on 25 March, 2015), was also released on this occasion by the Minister for Road Transport and Highways and Shipping, Nitin Gadkari. Does this concerted effort to showcase India’s maritime sector and capacity signal a Blue Economy strategy?
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