Sign In
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

05 Mar

First-ever comprehensive survey of India’s river dolphins

'Prime Minister Narendra Modi released the results of the first-ever comprehensive population estimation of riverine dolphins – Gangetic and Indus dolphins – done in In

Read More

05 Mar

Arresting women at night

'The Madurai Bench of the Madras High Court in Deepa versus S. Vijayalakshmi and Others ruled that the legal provision in the Bharatiya Nagarik Suraksha Sanhita (BNSS), 2023, which

Read More

05 Mar

Digital Personal Data Protection Act, 2023

'The Ministry of Electronics and Information Technology (MeitY) looking to wrap up public consultations on the draft Rules for the Digital Personal Data Protection Act, 2023 by Mar

Read More

India’s First Ai-Driven Magazine Generator

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