| Summary: | In terms of India's national development, economic growth, water security, and sustainable security, the Arctic is crucial. Aside from that, the monsoon provides 70% of India's yearly rainfall, making it a heavily dependent agricultural region. As a result of sea level rise, changes in the Arctic related to glacier melting will have a significant effect on the nation's economic security. Furthermore, summer crops like rice, soy beans, and pulses—which produce about half of the nation's food—are impacted by climate change and ocean warming. Sea level rise will also have an effect on the sustainability of some 1300 island nations and marine animals. The six pillars that support India's Arctic Policy encompasses the following areas: science and research, national capacity building, economic and human development, transportation and connectivity, climate and environmental protection, and international involvement and governance. The policy seeks to advance scientific research, comprehend the effects of climate change, improve economic relations Considering the Arctic, get ready for modifications to international shipping lanes brought on by ice melting, foster international collaboration, and develop domestic capacity. The objectives are to stop changes in climate, save the surroundings, and create a partnership for long-term growth that includes industry, business, university, and the research community. India's programme also places a strong emphasis on working with Arctic nations to develop clean and green industries, use resources, and generate green energy. Denmark and India have established a strategic alliance that aims to collaborate on topics including renewable energy, waste management, pollution control, and green technologies. Not many Indian private companies have made large financial commitments to the Arctic. On the other hand, the Arctic Strategy encourages Indian businesses to become members of the Arctic Economic Council and participate in the five working groups that it has established: ...
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