Budget 2022: FM Sitharaman Announces Task Force For Animation, Visual Effects, Gaming And Comics Sector

Union Finance Minister Nirmala Sitharaman on Tuesday (1 February) presented the Union Budget 2022-23 in the Parliament.

In the budget speech, the Finance Minister offered a futuristic outlook by claiming that animation, visual effects, gaming and comic offers a significant opportunity to employ the youth of the country.

The Indian animation and VFX industry is set to expand to $2.4 billion by FY 24 and the task force is likely to further bolster the sector to achieve greater heights going ahead, Animation Xpress reports.

Finer details of this proposal will perhaps be available in the 'Union Budget Mobile Application' that covers the entire document at length.