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Question

Which institution released the report titled "India's Blue Economy: Strategy for Harnessing Deep-Sea and Offshore Fisheries"?

The correct answer is
NITI Aayog

Report Focus: India's Blue Economy Strategy

The question requires identifying the institution that published a specific report concerning India's ocean resources. The report is titled "India's Blue Economy: Strategy for Harnessing Deep-Sea and Offshore Fisheries". This title highlights a focus on economic activities related to the ocean, specifically targeting deep-sea and offshore fishing operations.

Analyzing Institutions and Their Mandates

To find the correct publisher, we can evaluate the primary functions of each listed institution:

  • Indian Council of Agricultural Research (ICAR): ICAR is primarily responsible for coordinating agricultural and related research and education in India. While fisheries fall under its scope, releasing a high-level national strategy report on the "Blue Economy" is less likely its core function compared to research and development.
  • NITI Aayog: As India's official think tank, NITI Aayog (National Institution for Transforming India) focuses on policy formulation, strategic planning, and promoting socio-economic development. Developing national strategy documents, like one concerning the 'Blue Economy', aligns perfectly with NITI Aayog's mandate.
  • Ministry of Earth Sciences (MoES): MoES deals with Earth system science, including ocean development and resources. While closely related to the 'Blue Economy', the formulation of economic strategy often involves broader policy bodies.
  • Reserve Bank of India (RBI): RBI is the central banking institution responsible for monetary policy, currency management, and overseeing the financial system. It does not typically publish reports on sectoral economic strategies like fisheries or the blue economy.

Identifying the Publishing Institution

Based on the functions of each organization, NITI Aayog is the most fitting institution for releasing a strategic report on harnessing the potential of India's 'Blue Economy', including 'Deep-Sea and Offshore Fisheries'. Policy think tanks like NITI Aayog are instrumental in drafting such forward-looking economic strategies for the government.

Therefore, NITI Aayog released the report titled "India's Blue Economy: Strategy for Harnessing Deep-Sea and Offshore Fisheries".

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