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Centre announces $1 bn fund for creators' economy ahead of WAVES summit

Business Standard LogoBusiness Standard5h ago

Centre announces $1 bn fund for creators' economy ahead of WAVES summit - Business Standard

Quick Summary:

External Affairs Minister S Jaishankar, Information and Broadcasting Minister Ashwini Vaishnaw and Maharashtra Chief Minister Devendra Fadnavis hosted the envoys here and sought their presence at the Roundtable of top media CEOs to be chaired by Prime Minister Narendra Modi during the WAVES summit.

The Centre on Thursday announced a USD 1 billion fund to give a boost to the emerging creators' economy in the country and reached out to envoys from over 100 countries seeking their participation in the first World Audio Visual and Entertainment Summit (WAVES) to be held in Mumbai.

India is positioning WAVES to be held from May 1 to 4 as the first convergence platform for the media and entertainment sector on the lines of the World Economic Forum at Davos, a gathering of international leaders from governance and business.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-13 @ 21:06:01 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 551 words

Reading Time: 4 minutes read

Sentences: 19 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 26955952

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Official Website: business-standard.com

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News Last Updated: 2 hours ago

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