How Budget 2026 Bets On India’s Creative And Cultural Economy
In this guest column, Arghya Chakravarty explains why Budget 2026 is a turning point for India’s creative economy
In this guest column, Arghya Chakravarty explains why Budget 2026 is a turning point for India’s creative economy
India’s creative economy has long been a powerful yet understated force,shaping culture, influencing global perceptions, and quietly generating employment across millions of livelihoods. With the Union Budget 2026, that force has finally received the recognition it deserves.
This Budget marks a clear turning point. What is especially encouraging is the acknowledgement that storytelling, digital content and cultural expression are not peripheral industries, but core engines of economic growth. In recognising creativity as capital, the government has sent a strong signal to creators, platforms and investors alike: India’s cultural industries matter, and they are central to the country’s future growth narrative.
One of the most promising aspects of this policy direction is the focus on nurturing young creators early,right from school. This long-term approach reflects an understanding that creative excellence cannot be built overnight. It needs structured support, access to tools, and the confidence that creativity is a viable career path. By investing early, India is laying the foundation for a generation that is not only creatively confident, but globally competitive.
For the content industry, this shift is particularly significant. India has already proven its ability to produce stories at scale,for cinema,music, television, digital platforms and short-form ecosystems. The next leap is about quality, originality and global resonance. With the right ecosystem in place, Indian creators can move beyond serving domestic audiences to setting global benchmarks in storytelling, format innovation and cultural export.
Equally important is the sense of confidence this Budget brings to the industry. When policy aligns with creative ambition, it unlocks the willingness to invest,whether in new talent, experimental formats, regional narratives or emerging technologies. It encourages companies to think long-term, back bold ideas, and create platforms where diverse voices can thrive.
At Shemaroo Entertainment, we see this moment as an opportunity to deepen our commitment to culturally rooted, future-facing content. India’s stories are vast, nuanced and emotionally rich. With institutional support and a forward-looking policy environment, these stories can travel further than ever before.
The creative economy does more than entertain,it preserves identity, fuels innovation and builds soft power. Budget 2026 recognises this truth. More importantly, it gives India’s creators the confidence to dream bigger, build stronger, and shine on the world stage.