Colour Economy: Orange, Blue, White & More Shaping India's Future

• Union Budget 2026-27 introduces the 'Colour Economy' concept, encompassing orange, blue, green, white, and circular economies for India's development.
• The Orange Economy (creative economy) focuses on sectors like art, gaming, and digital content, projected to require 2 million skilled AVGC professionals by 2030.
• The Green Economy emphasizes clean energy, with initiatives like the Green Hydrogen Mission and PM Surya Ghar Yojana to achieve net-zero goals.
• The Blue Economy leverages India's coastline for sustainable marine resource use, including fisheries, shipping, and rare earth element extraction in four states.
• The White Economy centers on healthcare, with a record budget allocation, new medical tourism hubs, and modernization of traditional medicine systems like AYUSH.

Why It Matters: India's Budget 2026-27 outlines a multi-faceted 'Colour Economy' strategy for sustainable, inclusive growth.