{"id":46050,"date":"2025-05-02T11:26:13","date_gmt":"2025-05-02T05:56:13","guid":{"rendered":"https:\/\/vajiramandravi.com\/current-affairs\/?p=46050"},"modified":"2025-05-15T12:57:35","modified_gmt":"2025-05-15T07:27:35","slug":"orange-economy","status":"publish","type":"post","link":"https:\/\/vajiramandravi.com\/current-affairs\/orange-economy\/","title":{"rendered":"Orange Economy"},"content":{"rendered":"<h2>Orange Economy Latest News<\/h2>\n<p>At the World Audio Visual Entertainment Summit (WAVES) Summit in Mumbai recently, the Prime Minister spotlighted India\u2019s booming orange economy\u2014powered by content, creativity, and culture.<\/p>\n<h2>About Orange Economy<\/h2>\n<ul>\n<li>The Orange Economy, also known as the\u00a0<strong>\u2018creative economy,\u2019<\/strong>\u00a0is a concept that includes\u00a0<strong>sectors related to creativity and cultural industries.\u00a0<\/strong><\/li>\n<li>According to the United Nations Economic Network, the creative economy is an evolving idea that focuses on the<strong>\u00a0contribution and potential of creative assets to drive economic growth<\/strong>\u00a0and development.<\/li>\n<li>This economy\u00a0<strong>integrates economic, cultural, and social aspects<\/strong>,\u00a0<strong>interacting with technology, intellectual property, and tourismobjectives<\/strong>.\u00a0<\/li>\n<li>It consists of\u00a0<strong>knowledge-based economic activities<\/strong>\u00a0with a development dimension, featuring cross-cutting linkages at macro and micro levels to the overall economy.<\/li>\n<li>These are industries\u00a0<strong>based on individual creativity, skill, and talent,<\/strong>\u00a0with the potential to create jobs, wealth, and cultural value.<\/li>\n<li>Industries within this economy\u00a0<strong>include advertising, architecture, arts and crafts, design, fashion, film, video, photography, music,performing arts, publishing,<\/strong>\u00a0research and\u00a0<strong>development, software, computer games<\/strong>, electronic publishing, and\u00a0<strong>TV\/radio.<\/strong><\/li>\n<li>Popularised by Colombian economists Felipe Buitrago and Iv\u00e1n Duque, the term\u00a0<strong>\u201corange\u201d symbolises creativity and cultural identity.<\/strong><\/li>\n<li>According to the United Nations Educational, Scientific and Cultural Organization (UNESCO), the Orange Economy accounts for\u00a0<strong>3% of global gross domestic product (GDP)\u00a0<\/strong>and 30 million jobs worldwide.\u00a0<\/li>\n<li>Inspired by ideas, it\u2019s known for\u00a0<strong>constant innovation, singular products<\/strong>\u00a0(not mass production) and\u00a0<strong>digitized processes.<\/strong><\/li>\n<\/ul>\n<p><strong>Source:<\/strong>\u00a0<a href=\"https:\/\/www.businesstoday.in\/bt-tv\/video\/pm-modi-hails-orange-economy-as-indias-next-big-growth-wave-474334-2025-05-01\" target=\"_blank\" rel=\"nofollow noopener\">BT<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Orange Economy, also known as the \u2018creative economy,\u2019 is a concept that includes sectors related to creativity and cultural industries.<\/p>\n","protected":false},"author":11,"featured_media":46051,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[244,21,23],"class_list":{"0":"post-46050","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-upsc-prelims-current-affairs","8":"tag-orange-economy","9":"tag-prelims-pointers","10":"tag-upsc-prelims-current-affairs","11":"no-featured-image-padding"},"acf":[],"_links":{"self":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/46050","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/comments?post=46050"}],"version-history":[{"count":0,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/46050\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media\/46051"}],"wp:attachment":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media?parent=46050"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/categories?post=46050"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/tags?post=46050"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}