Union Budget 2026: India's Orange Economy Takes Center Stage for Viksit Bharat

Business
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News18•01-02-2026, 14:30
Union Budget 2026: India's Orange Economy Takes Center Stage for Viksit Bharat
- •Finance Minister Nirmala Sitharaman highlighted India's Orange Economy in Union Budget 2026, aiming for creative industries to drive growth and employment.
- •The Orange Economy includes animation, visual effects, gaming, comics, film, music, design, and digital content, projected to create millions of jobs.
- •AVCG content creator labs will be established in 15,000 secondary schools and 500 colleges, with the Indian Institute of Creative Technologies in Mumbai as a central hub.
- •The Budget supports startups and innovation in the creative sector through incentives, infrastructure, and skill development programs.
- •India aims to become a global hub for creative services, leveraging its soft power to attract collaborations and cultural tourism, and preparing for two million professionals needed by 2030.
Why It Matters: Union Budget 2026 prioritizes India's Orange Economy to foster creative industries, generate jobs, and drive economic growth.
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