Indian Government Allocated $1 Billion to Boost Creator Economy

The Indian government has announced a $1 Billion fund to support content creators, influencers and digital entrepreneurs. It aims to enhance the skill and financial assistance of the Indian creators industry.

Key Highlights of the Initiative

  • Financial Support: The govt. Will provide grants and funding to growing digital creators.
  • Skill Development Programs: Organising workshops and educational initiative to create quality content.
  • Infrastructure Development:  ₹4 billion was allocated to establish the Indian Institute of Creative Technologies in Mumbai, it will serve as a hub for media, entertainment, and content creation.

Government’s Vision

Official says that the government is passionate about taking the Indian content creation industry globally, it aims to make India a Global leader in the content creation industry.

The government has allocated more funds to the Nano and micro-creators and improved access to training and mentorship.

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