Creative Economy- Background, Challenges & Solutions

From Current Affairs Notes for UPSC » Editorials & In-depths » This topic

The Indian creative economy is emerging as one of the fastest growing sectors, contributing not only to our cultural richness and soft power, but also to our economic growth. However, several challenges remain in the way of this young sector.

Background:

  • Creative economy refers to “the knowledge-based economic activities upon which the ‘creative industries’ are based”.
  • Creative industries include: advertising, architecture, arts and crafts, design, fashion, film, video, photography, music, performing arts, publishing, research & development, software, co

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