Key Sectors

• The island's blue economy such as fisheries, aquaculture and seaweed farming will accelerate in line with the growth of modern infrastructure in A&N
• In March 2022, the Japan International Cooperation Agency (JICA) and the Government of India signed a grant for a power supply project in the Andaman and Nicobar Islands worth Rs. 250 crores (US$ 32.54 million).
• In July 2021, Minister of Science & Technology, and Earth Sciences, Dr. Jitendra Singh stated that satellite communication is being used for beaming educational content in digital mode amid the pandemic in Andaman & Nicobar Islands.
• In 2020-21, the state produced 1,253.69 lakh nuts of coconut under an area of 18,095.38 hectares.
• In August 2021, under the Marine Aids to Navigation Bill 2021, traditional and historical values of lighthouses would be preserved and showcased as part of the initiative. Thus, government identified 65 lighthouses to become a tourist spots. Lighthouses in Andaman And Nicobar Islands have been identified under this initiatives to boost tourism.
• In March 2021, the Government of India announced that it would set up four water aerodromes in Andaman & Nicobar Islands to develop the union territory as a tourist destination that can compete with the likes of Maldives and Mauritius.
• In March 2021, the Union Ministry of Home Affairs (MHA) announced that it is vetting 41 proposals for projects from various sectors including road construction, hospitality and industries in Andaman & Nicobar Islands and Lakshadweep.
• In March 2021, the Environment Ministry recommended a near-negligible eco-sensitive zone (ESZ) around Galathea National Park (GNP) in the Great Nicobar Island in the Andaman and Nicobar Islands region.
• In March 2021, the island of Andaman and Nicobar received a 150-tonne cargo vessel named Sindhu from the Cochin Shipyard Ltd. for the movement of supplies and people. The cargo vessel can carry 500 passengers.
• In January 2021, state owned power producer NTPC announced that if will deploy 14 electric buses and will also set up public charging infrastructure in the islands. Introduction of electric buses will help cut down tailpipe emissions
• In 2018-19, the estimated potential of fish production in A&N stood at 41.67 thousand tonnes.
• NABARD has taken up 14 agricultural projects with a gross refinancing of more than Rs. 1.2 billion (US$ 16.32 million). The bank is also encouraging organised farming on the islands and focusing on the growth of skills.
• In the Andaman and Nicobar Islands, the NABARD regional office has a credit plan of about Rs. 6 billion (US$ 81.59 million) for FY 2019-20.
• The islands have been recognised as an eco-friendly tourist destination.
• In 2020, foreign and domestic tourist visits in the state stood at 5,412 and 191,207 respectively.
• Four tourism-based projects have been initiated in A&N for implementation through the Public-Private Partnership (PPP) model to attract investment and technical & management expertise from the private sector.
• In October 2020, Radhanagar Beach in Andaman and Nicobar Islands was among the eight Indian beaches that received the famed Blue Flag ecolabel certification awarded by the Foundation for Environment Education, Denmark.