Context:
Sagarmala Start Up Innovation Initiative (S2I2) launched at NSAC, to foster Innovation & Entrepreneurship in maritime sector
Sagarmala Start-Up Innovation Initiative (S2I2):
- Aim –
- Boost Research, Innovation, Startups, and Entrepreneurship (RISE) in the maritime sector.
- Empowering startups working in areas such as green shipping, smart ports, maritime logistics, shipbuilding technology, and sustainable coastal development.
- Focus – Provides funding, mentorship, and industry partnerships to support innovative solutions.
Sagarmala Programme:
- Launched in – 2015
- Objectives –
- Harness potential of India’s 7,500 km coastline and 14,500 km navigable waterways.
- Reduce logistics costs for domestic and EXIM cargo.
- Ministry – Ministry of Ports, Shipping, and Waterways.
- Apex Body – National Sagarmala Apex Committee (NSAC).
- 5 Key Pillars –
- Port-Led Development.
- Port Modernization.
- Inland Connectivity Development.
- Coastal Community Development
- Improved Living Standards.
- Key Focus Areas – Green shipping, smart ports, maritime logistics, shipbuilding technology, and sustainable coastal development.
Source: PIB
Previous Year Question
With reference to ‘Indian Ocean Rim Association for Regional Cooperation (IORARC)’, consider the following statements:
1. It was established very recently in response to incidents of piracy and accidents of oil spills.
2. It is an alliance meant for maritime security only.
Which of the statements given above is/are correct?
[UPSC Civil Services Exam – 2015 Prelims]
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
Answer: (d)
Explanation:
It was established in 1997 and formerly known as the Indian Ocean Rim initiative.
Maritime security, trade, and investment, disaster risk reduction, academic and scientific Corporation, cultural exchange, blue economy, empowerment of women, and fisheries management are identified as eight priorities area of the Indian Ocean Rim Association.