Union Cabinet approves umbrella scheme “O-SMART” of Ministry of Earth Sciences
On August 29, the Cabinet Committee on Economic Affairs (CCEA) has given its approval for the umbrella scheme “Ocean Services, Technology, Observations, Resources Modelling and Science (O-SMART)” of Ministry of Earth Sciences. The scheme with an overall cost of Rs. 1623 crore encompasses a total of 16 sub-projects addressing ocean development activities such as Services, Technology, Resources, Observations and Science. The services rendered under the O-SMART will provide economic benefits to a number of user communities in the coastal and ocean sectors, namely, fisheries, offshore industry, coastal states, Defence, Shipping, Ports etc. This scheme also provides necessary scientific and technological background required for implementation of various aspects of Blue Economy.