×

UPSC Courses

DNA banner

DAILY NEWS ANALYSIS

GS-I :
  • 23 December, 2020

  • 2 Min Read

UNESCO PRIZE ON CREATIVE ECONOMY

UNESCO PRIZE FOR CREATIVE ECONOMY

  • UNESCO is to launch an international prize in the creative economy field in the name of Bangabandhu Sheikh Mujibur Rahman.
  • 2021 has been declared as ‘International Year of Creative Economy for Sustainable Development by UNESCO.

About UNESCO Prize for Creative Economy

  • The prize will create knowledge-sharing mechanism by communicating the best practice in developing creative entrepreneurship.
  • The prize will be 50,000 USD and is to be given once every two years.
  • The award will recognise exceptional initiatives taken by cultural workers and organizations in the development of the creative economy.

What is a Creative Economy?

  • A creative economy is an economic system in which value is based on the use of creative imagination rather than the traditional factors of land, capital and labour.
  • The concept was given by John Howkins in 2001.
  • This form of the economy occurs only when the creativity of the person becomes a major source of value and the main cause of the transaction.

Bangabandhu Sheikh Mujibur Rahman

  • He is also called the “Father of Bangladesh”.
  • He was the first President of Bangladesh.
  • He also served as the Prime Minister of Bangladesh from April 17, 1971 till his assassination on August 15, 1975.

Source: TH


India’s Indo-Pacific Oceans Initiative (IPOI)     UPSC GS-2 INDO PACIFIC – IR/PSIR

India’s Indo-Pacific Oceans Initiative (IPOI)     UPSC GS-2 INDO PACIFIC – IR/PSIR IPOI is India’s open, voluntary and non-treaty-based maritime initiative for building a free, open, inclusive and rules-based Indo-Pacific through practical cooperation. Why in News? India’s Indo-Pacific Oceans Ini

AI Impact Summit 2026      UPSC GS-3 S&T  PT-MAINS

AI Impact Summit 2026      UPSC GS-3 S&T  PT-MAINS The India-AI Impact Summit 2026 positioned India as a Global South leader by shifting global AI debate from only AI safety and regulation to AI for development, inclusion and real-world impact. Why in News? India hosted the India-AI Impact Summit 2026 at B

Hong Kong Convention for Safe Ship Recycling    UPSC GS-3 ENVIRONMENT PT-MAINS

Hong Kong Convention for Safe Ship Recycling    UPSC GS-3 ENVIRONMENT PT-MAINS The Hong Kong International Convention, 2009 is an IMO treaty that ensures ships are recycled safely without unnecessary risk to human health, worker safety and the environment. Why in News? The Hong Kong Convention entered into force on 26 June 2

LeadIT 2.0: Leadership Group for Industry Transition  COP28    UPSC GS-2 IR  GS-3 S&T

LeadIT 2.0: Leadership Group for Industry Transition      UPSC GS-2 IR  GS-3 S&T LeadIT 2.0 is the second phase of the India-Sweden-led global initiative to support low-carbon transition in hard-to-abate industrial sectors. Why in News? The second phase of LeadIT was announced at the LeadIT Summit 2023, ho

India-EFTA Trade and Economic Partnership Agreement   UPSC GS-2 IR/PSIR

India-EFTA Trade and Economic Partnership Agreement   UPSC GS-2 IR/PSIR The India-EFTA TEPA is a comprehensive trade pact between India and four non-EU European countries — Iceland, Liechtenstein, Norway and Switzerland — aimed at boosting trade, investment, jobs, services, technology and supply-chain resilience. Wh

Toppers

Search By Date

Important Tags

Newsletter Subscription
SMS Alerts

Important Links