Chilika was nominated as Ramsar site in 1991 for its rich bio diversity and is home of rare and endangered species listed in the IUCN Red List of threatened aquatic, non aquatic plants and animals.
The Lagoon is a rich source of fishery resources with vast fishing ground for the livelihood of lots of fishermen who live in and around the Lagoon.
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Eco tourism project an initiative of Chilika Lake Development Authority to maintains the eco systems, development and activities of the Lagoon along with walkway and watchtower for bird watching.
Motor driven yacht and speed boat services are obtainable from Orissa Tourism Development Corporation for boating in Chilka. Sea kayak can be hired from Water Sports Complex of Odisha Tourism to explore the Nalaban island.