{"id":335565,"date":"2025-05-05T17:04:56","date_gmt":"2025-05-05T11:34:56","guid":{"rendered":"https:\/\/forumias.com\/blog\/?p=335565"},"modified":"2025-05-12T19:28:43","modified_gmt":"2025-05-12T13:58:43","slug":"orange-economy","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/orange-economy\/","title":{"rendered":"Orange Economy"},"content":{"rendered":"<p><strong>News:<\/strong> At the WAVES Summit in Mumbai, Prime Minister Narendra Modi spotlighted India\u2019s booming orange economy and urged India\u2019s youth to ride this creative wave. <strong>Orange Economy.<\/strong><\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\" wp-image-336396 aligncenter\" src=\"https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2025\/05\/Orange-Economy-300x199.png?resize=510%2C338&#038;ssl=1\" alt=\"Orange Economy\" width=\"510\" height=\"338\" srcset=\"https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2025\/05\/Orange-Economy.png?resize=300%2C199&amp;ssl=1 300w, https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2025\/05\/Orange-Economy.png?resize=1024%2C680&amp;ssl=1 1024w, https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2025\/05\/Orange-Economy.png?resize=768%2C510&amp;ssl=1 768w, https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2025\/05\/Orange-Economy.png?w=1280&amp;ssl=1 1280w\" sizes=\"auto, (max-width: 510px) 100vw, 510px\" \/><\/p>\n<h2>About Orange Economy<\/h2>\n<ul>\n<li>It is also known as the <strong>creative economy<\/strong>.<\/li>\n<li>It is a <strong>production model<\/strong> where <strong>goods and services have intellectual value<\/strong> because they are the product of the <strong>ideas and expertise<\/strong> of their creators.<\/li>\n<li>The <strong>United Nations Conference on Trade and Development (UNCTAD)<\/strong> defines it as an <strong>evolving concept<\/strong> which builds on the <strong>interplay between human creativity and ideas and intellectual property, knowledge and technology. <\/strong>\n<ul>\n<li>Essentially it is the <strong>knowledge-based economic activities<\/strong> upon which the \u2018<strong>creative industries\u2019<\/strong> are based.<\/li>\n<li>The <strong>first mandate on creative economies<\/strong> came from the <strong>UNCTAD XI\u2019s outcome document<\/strong> &#8211; the <strong>Sao Paulo consensus \u2013 in 2004<\/strong>.<\/li>\n<\/ul>\n<\/li>\n<li><strong>Creative Industries under Orange Economy:<\/strong> The creative industries \u2013 which include <strong>advertising<\/strong>, <strong>architecture<\/strong>, <strong>arts and crafts, design, fashion, film, video, photography, music, performing arts, publishing, research &amp; development, software, computer games, electronic publishing, and TV\/radio<\/strong> \u2013 are the lifeblood of the creative economy.<\/li>\n<li>Creative industries deal with the <strong>interplay of various subsectors<\/strong> ranging from <strong>traditional<\/strong> crafts, books, and visual and performing arts, to <strong>more technology-intensive and services-oriented fields<\/strong> such as the music and film industries, television and radio broadcasting, new media and design.<\/li>\n<li>People <strong>conceptualize and arrange this work<\/strong>, the <strong>produce and\/or publish<\/strong> it and <strong>get paid<\/strong> for it.<\/li>\n<li>This is <strong>no different<\/strong> from other production processes, <strong>except<\/strong> that the major input stems from original or copyrightable intellectual property (IP).<\/li>\n<li>According to <strong>United Nations Educational, Scientific and Cultural Organization (UNESCO),<\/strong> the Orange Economy accounts for <strong>3% of global gross domestic product (GDP)<\/strong> and <strong>30 million jobs worldwide<\/strong>.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>News: At the WAVES Summit in Mumbai, Prime Minister Narendra Modi spotlighted India\u2019s booming orange economy and urged India\u2019s youth to ride this creative wave. Orange Economy. About Orange Economy It is also known as the creative economy. It is a production model where goods and services have intellectual value because they are the product&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/orange-economy\/\">Continue reading <span class=\"screen-reader-text\">Orange Economy<\/span><\/a><\/p>\n","protected":false},"author":10393,"featured_media":336396,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1566,3127,12039],"tags":[11872],"class_list":["post-335565","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-factly-articles","category-economy","category-knolls","tag-9pm-daily-factly","entry"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2025\/05\/Orange-Economy.png?fit=1280%2C850&ssl=1","views":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/335565","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10393"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=335565"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/335565\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media\/336396"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=335565"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=335565"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=335565"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}