Ministry of Culture (MoC) & Federation of Indian Chambers of Commerce and Industry (FICCI) sign MoU to develop comprehensive strategy for India’s Cultural & Creative Economy

Exam-focused facts from the 2 March 2026 current affairs briefing.

Key facts

The Ministry of Culture (MoC) and the Federation of Indian Chambers of Commerce and Industry (FICCI) signed an MoU on 25 February 2026 to craft a comprehensive strategy for India’s Cultural and Creative Economy.
Union Culture and Tourism Minister Gajendra Singh Shekhawat stated the agreement positions culture as the foundation of economic prosperity.
The MoU aims to secure a brighter future for India’s artists and artisans.
The Minister highlighted that the MoU can help gain global recognition for Indian cultural products and services.