Budget 2026: Sitharaman Boosts 'Orange Economy' for Creative Jobs

Budget
M
Moneycontrol•01-02-2026, 14:23
Budget 2026: Sitharaman Boosts 'Orange Economy' for Creative Jobs
- •Union Finance Minister Nirmala Sitharaman proposed strong support for India's 'orange economy' in Budget 2026 to foster future-ready creative jobs.
- •The Animation, Visual Effects, Gaming, and Comics (AVGC) sector is projected to need 2 million professionals by 2030.
- •Sitharaman announced AVGC Content Creator Labs will be set up in 15,000 secondary schools and 500 colleges, supported by the Indian Institute of Creative Technologies, Mumbai.
- •The Economic Survey 2025-26 highlighted creativity-led sectors as key drivers for employment, urban services, and tourism.
- •A new National Institute of Design is proposed for India's eastern region to address the shortage of trained designers amidst a rapidly expanding design industry.
Why It Matters: Budget 2026 focuses on boosting India's 'orange economy' and creative industries for job creation.
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