Hindu Editorial Analysis : 30-September-2024
India’s creative economy, which includes artisans, weavers, and traders, has immense potential. However, as highlighted by the Asian Development Bank Institute (ADBI), it faces several challenges that threaten its growth. Understanding these challenges and the potential for growth is crucial for preserving traditional arts and promoting economic development.
Understanding the Creative Economy
The creative economy is a blend of cultural, social, and economic elements. It involves activities that leverage human creativity and innovation, contributing significantly to growth. Key aspects include:
- Knowledge-Based Activities: These contribute to both economic and cultural value.
- Interplay of Creativity and Technology: The United Nations describes it as the “Orange Economy,” highlighting the role of creativity in economic transformation.
According to the United Nations Conference on Trade and Development (UNCTAD), the creative economy can significantly impact GDP, employing a notable percentage of the workforce.
India’s Position in the Creative Economy
India’s creative economy plays a vital role in employment and economic contribution. Notable points include:
- Employment Contribution: Nearly 8% of India’s workforce is in creative occupations, far surpassing many other countries.
- Export Growth: Creative exports increased by 20% last year, exceeding $11 billion.
- Regional Diversity: Six of the top ten creative districts are in non-metro areas, showcasing widespread creative talent.
Despite these successes, India’s creative exports are still only one-tenth of China’s.
Challenges Facing the Creative Economy
Despite its potential, the creative economy in India faces numerous challenges:
- Bureaucratic Hurdles: Issues like GST filing create difficulties for artisans.
- Declining Interest in Traditional Crafts: Many artisans are leaving their crafts, leading to a decline in traditional arts.
- Digital Divide: There’s a stark contrast in internet access between rural and urban areas, limiting opportunities for many artisans.
Key Initiatives and Support
To address these challenges, several initiatives have been launched:
- All India Initiative on Creative Economy (AIICE): This aims to unify India’s creative industries for better collaboration.
- National Creators Award: Recognizes impactful contributions across various categories.
- UNESCO Creative Cities Network: Includes Indian cities like Mumbai and Chennai, promoting sustainable urban development through creativity.
Call for Formalization
There is a growing call within the creative community to formalize the creative economy. This approach could help by:
- Raising Awareness: Highlighting the struggles faced by artisans.
- Advocating for Policy Changes: Ensuring protections for creative workers.
- Fostering Collaboration: Encouraging partnerships across different sectors.
Why In News
The creative economy in India, encompassing artisans, weavers, and traders, faces unique challenges despite its immense potential, as highlighted by the Asian Development Bank Institute (ADBI), revealing a critical need for supportive policies and infrastructure to empower these vital contributors to the nation’s cultural and economic landscape.
MCQs about The Creative Economy in India: Challenges and Opportunities
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What percentage of India’s workforce is estimated to be employed in the creative economy?
A. 5%
B. 8%
C. 10%
D. 12%
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What major challenge do artisans in India face according to the Asian Development Bank Institute (ADBI)?
A. Lack of creativity
B. Bureaucratic hurdles
C. High export rates
D. Abundance of skilled labor
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Which of the following initiatives aims to unify India’s creative industries?
A. National Creators Award
B. All India Initiative on Creative Economy (AIICE)
C. UNESCO Creative Cities Network
D. Zonal Cultural Centers
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How much did India’s creative exports increase last year?
A. 10%
B. 15%
C. 20%
D. 25%
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