Скачать или смотреть What is Orange Economy? | WAVES Summit In Mumbai | NEXT IAS

•At the inaugural WAVES Summit 2025 in Mumbai, Prime Minister Narendra Modi made a forceful pitch for the Orange Economy.
But what is the Orange Economy?
•Also called the Creative Economy is powered by three Cs: Content, Culture, and Creativity.
•It includes everything from films, music, fashion, and design…to digital content, animation, gaming, architecture, and cultural tourism.
•The term was coined by former Colombian President Iván Duque and Minister Felipe Buitrago. Why “orange”? Because it symbolizes creativity and culture.
•India’s creative economy already contributes $30 billion to GDP, employing 8% of our workforce. With exports crossing $11 billion, even small-town YouTubers are going global.
•To boost this momentum, the government has announced a $1 billion creative economy fund and is setting up the Indian Institute of Creative Technology in Mumbai to skill the next generation.
•Yes, there are challenges, such as weak IP enforcement, limited rural digital access, and a lack of financing.
•But the momentum is real. As PM Modi says, “India’s Orange Economy isn’t just culture—it’s capital.

#nextias #currentaffairs #orangeconomy #pmmodi #indianculture #ivánduque #colombia #upsccse2025 #upsccse #waves #summit #narendramodi #indiantechnology #upscprelims #tredingshorts #viralshorts #shorts #foryou