Orange Economy

Choose the Correct Answer

Correct Answer : Option b

Explanation
PM highlights the importance of the Orange Economy at WAVES conference

Statement 1 is correct: The Orange Economy refers to economic activities based on creativity, culture, and intellectual property, aimed at generating employment, income, and innovation. It operates at the intersection of culture, technology, and tourism.

Statement 2 is correct:The Orange Economy contributes to sustainable livelihoods, especially for youth and local communities, and helps preserve cultural heritage through economic value.

Statement 3 is not correct: Export of Geographical Indication (GI) tagged horticultural products belongs to the agricultural and trade sectors, not the Orange Economy. The Orange Economy primarily involves creative and cultural industries that depend on intellectual property and creativity, rather than traditional agricultural exports like GI-tagged horticulture products.