India has a glorious past. At one point in time it contributed more than 25 per cent to the world’s gross domestic product and controlled about 28 per cent of global trade and commerce. Being an economic power for several centuries, India played a leadership role in all fields – whether it is art, culture, music, dance, food, festivals, architecture or handicrafts. Indian civilization’s contribution to the world heritage has been immense.
The cultural sector directly employs about 4.5 million people as artisans, performers, tourism guides etc. In addition, handicrafts and traditional art industries provide employment to about 6 million people.
The Indian film industry alone contributes around Rs 200,00 (around 2.0 Billion in USD) crore annually to the economy but its global potential is still unexploited. Yoga in the United States has become a $15 billion business annually. Is there a way to ensure that the economic benefits of the wider acceptance of Yoga flow to India?
India has 42 UNESCO World Heritage Sites as of now. A total of 46 new projects have been sanctioned and 27 new pilgrimage sites have been identified across India for development of infrastructure and tourist amenities for enriching the religious tourism experience under the PRASHAD scheme of the central government. Spiritual and religious tourism in India commands a significant portion of the travel and tourism sector, holding a 30 per cent market share and accounting for 60 per cent of the domestic tourism market.
It's interesting how culture can immensely affect an economy positively. It's true in India's case as festivals alone generate a huge demand in the markets.
Curious to know what is 'Culture for Economy' in your country?
You're damn right!! India's cultural expanse is so varied that we need not look beyond it if we can just put together all it's pieces. The handicrafts, the monuments, the colourful people, the festivals, the food, the flora and fauna and the high level of spiritualism are so vivid that nothing can be more economically beneficial if projected properly.

Watch it for a glimpse of India's cultural economy!!

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India seems to be unstoppable, but it is true, India has everything within its country to succeed, it just needs to exploit what it has.
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It is very true. India is still rich both culturally and in other areas. I had the opportunity to go to one of its festivals and I truly had the best time.
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Yes it is! Nobody can dent this.
Thanks!!
What specific festival did you attend here?
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Hey, I had the opportunity to go to the Bikaner camel festival, it is a colorful and very interesting celebration where tribute is paid to these animals. I really enjoyed it to the fullest.
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I enjoy some bollywood movies. I find they arent as woke as hollywood, I just wish they had better subtitles at times.
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I enjoy Hollywood movies and interestingly I like to watch them as dubbed in Hindi!
I can understand that the subtitles won't be good enough.
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Hollywood movies are okay, but I feel many of them dont have good story lines. I liked watching the wrestling one recently. Sultan.
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India's heritage is so great that Americans cannot stop ruining it
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The caste system is awful there. Plus they suffer from brain drain and terrible geography. Their economy has a long way to go and it will need more than just culture to pull billions out of poverty
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Eliminate rent control
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Rent control
I don't know what this has to do with cultural heritage of India!!
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Cultural heritage is a red herring
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