The Union Budget 2026-27 introduces the concept of ‘Orange Economy’. To which one of…
The Union Budget 2026-27 introduces the concept of 'Orange Economy'. To which one of the following is this term related?
- ACultivation and exports of best quality oranges from Maharashtra
- BCreative industries like animation and comics
- CManufacturing and maintenance of black box of aircraft which is orange in colour
- DCultivation and exports of sunflowers from North India
Answer and explanation
Correct answer: B
The Orange Economy refers to creative and cultural industries that generate value from ideas, imagination and intellectual property rather than raw materials. Budget 2026-27 used the term while pushing the AVGC sector (animation, visual effects, gaming and comics), including AVGC content creator labs and a target of two million jobs by 2030. The colour orange is associated worldwide with creativity and culture.