Learn bits
Science & Tech.
Mahesh

09/04/22 14:32 PM IST

Ministry of I&B Constitutes Animation, Visual Effects, Gaming and Comics (AVGC) Promotion Task Force

In News 
  • The AVGC Promotion Task Force shall be headed by Secretary, Ministry of Information & Broadcasting and will have Secretaries of other ministries. 
Need of the task force 
  • The Animation, Visual Effects, Gaming and Comic (AVGC) sector in India has the potential to become the torch bearer of “Create in India” & “Brand India”.
  • India has the potential to capture 5% (~$40 billion) of the global market share by the year 2025, with an annual growth of around 25-30% and creating over 1,60,000 new jobs annually. 
  • To further unleash the scope of AVGC sector, an announcement was made in the Union Budget 2022-23 for setting up an Animation, Visual Effects, Gaming and Comics (AVGC) Promotion Task Force to recommend ways to realise and build domestic capacity for serving our markets and the global demand.
Terms of reference
  • Framing of a national AVGC policy,
  • Recommend national curriculum framework for Graduation, Post-Graduation and Doctoral courses in AVGC related sectors,
  • Facilitate skilling initiatives in collaboration with academic institutions, vocational training centers & Industry,
  • Boost employment opportunities,
  • Facilitate promotion and market development activities to extend global reach of Indian AVGC Industry.
  • Enhance exports and recommend incentives to attract FDI in AVGC sector. 
Source-PIB 

More Related Current Affairs View All

28 Aug

IADT-1

'Recently, the Indian Space Research Organisation (ISRO) successfully carried out its first Integrated Air Drop Test (IADT-1), a crucial milestone in the preparation for the countr

Read More

28 Aug

H-1B visa changes

'H-1B visa changes 2025: United States Commerce Secretary Howard Lutnick called the popular H-1B visa program a “scam”, saying that American businesses should be focuse

Read More

28 Aug

UGC’s Learning Outcomes-based Curriculum Framework

'Recently, the University Grants Commission (UGC) issued a public notice on its development of a draft Learning Outcomes-based Curriculum Framework (LOCF).' LOCF is intended to

Read More

India’s First Ai-Driven Magazine Generator

Generate Your Custom Current Affairs Magazine using our AI in just 3 steps