Current Affairs - International - Discussion

India introduced the new Letter of Authorisation (LoA) regime to promote sustainable high-seas fishing, improve fishermen’s incomes, and strengthen the country’s Blue Economy. The initiative enables Indian fishing vessels to operate in the Exclusive Economic Zone (EEZ) and beyond while ensuring responsible exploitation of marine resources. It also aims to reduce pressure on coastal fisheries, increase seafood exports, create employment opportunities, and support fishing cooperatives and Fish Farmer Producer Organisations. With a coastline exceeding 11,000 km and a vast EEZ of nearly 24 lakh square kilometres, the initiative seeks to unlock India's untapped deep-sea fishing potential and enhance its position in the global seafood market.