There is a large number of content creators in the country. Millions of people are working as content creation for different platforms. Now the government has announced to make funds of billions of rupees for the country’s content creators. A few days ago, Union Minister Ashwini Vaishnav had said that the government will make a $ 1 billion fund for the Creators Economy. It will work on public-private-private-partnership (PPP) mode. Come, let’s know about it in detail.
In this way the creators will help fund
Vaishnan said in a program that this fund is being made for creators economy. Through this, it will be easy for the creators to get money and they will be able to improve their skills. Also, with this money, they will be able to improve their production level so that they can make their reach in the global market. Let us know that content creators and social media influencers in India are emerging as a big industry. There is also a possibility of generating employment in large numbers. Last year Prime Minister Narendra Modi also said that Creator Economy is bringing new energy in India’s efforts to become an economy of 5 trillions. He had said that Creator Economy can reach India’s culture and traditional knowledge to the world.
India’s creator economy
A report last year said that this is a right time for creators in India. About 86 percent of the creators said that their income is expected to increase significantly in the next two years. Along with this, consumption of content has increased in small cities due to short video platforms. Big brands are also eyeing this and they are spending huge money on influencers. & Nbsp;
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