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How India can leverage its cultural riches to stimulate its economy

By Economic Times - 5 months ago
India's cultural heritage is being recognized as a potential driver for economic growth, with efforts being made to leverage traditional industries and tourism. Government initiatives, like the redevelopment of Ayodhya and Kashi Vishwanath Temple, are yielding positive results in terms of increased visitors and revenue. Prime Minister Modi's focus on promoting Indian culture globally through initiatives like Tamil Cultural Centers and showcasing heritage on the G20 platform is notable. The goal of developing a comprehensive Cultural Economic Model to propel India's economy towards development by 2047 is being emphasized, with the potential to serve as a blueprint for other countries.

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