BUDGET
To set up content creator labs in 15,000 schools, 500 colleges
This story was originally published at 15:51 IST on 1 February 2026
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--BUDGET: To set up new National Institute of Design in north east
NEW DELHI – To promote the "Orange Economy," the government has proposed extending support to the Indian Institute of Creative Technologies, Mumbai, Finance Minister Nirmala Sitharaman said announcing the Union Budget for 2026-27 (Apr-Mar) in the Lok Sabha Sunday. This will be used to set up animation, visual effects, gaming and comics content creator labs. These labs will be established in 15,000 secondary schools and 500 colleges across the country, she said.
Orange Economy refers to the part of the economy driven by creativity, culture, and intellectual property, comprising activities where value comes primarily from ideas, knowledge, artistic expression, and cultural content, rather than from physical goods.
"India's Animation, Visual Effects, Gaming, and Comics sector is emerging as a major employment generator, with industry estimates suggesting a requirement of nearly 2 million professionals by 2030. To build a robust talent pipeline, the government proposes extending support to the Indian Institute of Creative Technologies, Mumbai," Sitharaman said.
Acknowledging the rapid expansion of the Indian design industry alongside a persistent shortage of trained domestic designers, Sitharaman proposed the establishment of a new National Institute of Design through the challenge route, aimed at enhancing design education and innovation, particularly in the eastern region of India. End
Reported by Pallavi Singhal
Edited by Pankaj Aher
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