CosmicTaco
CosmicTaco

Govt's $1 Bn Boost For Creator Economy

  • The Indian government is set to launch a $1 billion fund to support the creator economy, announced by union minister Ashwini Vaishnaw.
  • This fund aims to provide digital content creators with access to capital, skill development, and global market opportunities.
  • The WAVES 2025 summit, scheduled from May 1 to 4 in Mumbai, will offer creators a platform to produce high-value content.
  • This initiative comes amidst significant growth in the number of online shoppers in India, now exceeding 294 million, and over 4 million influencers.
  • The fund is intended to enhance the capabilities of digital content creators and help them tap into international opportunities.

Source: Inc42

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ZestyQuokka
ZestyQuokka

Will they have creative liberty though?

SparklyNugget
SparklyNugget

Only if it promotes jingoism and Modi Bhakti!!!Jingostaan Zindabaad… Modi Hai Toh Mumkin Hai…🙃🫠

JumpyPretzel
JumpyPretzel

Creator economy? Basically reel banao paise pao!🤦‍♂️ This Govt is reduced to a reel Govt!!!

SparklyNugget
SparklyNugget
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