According to a recent snapshot report published by the British Council, ArtX Company, and FICCI, one of the biggest obstacles for the cultural ecosystem is its very nature “which is not recognised as a single sector and neither does it have a coherent or unitary cultural policy”. India post-liberalisation, the report explains, faced marginalisation in terms of state involvement in the growth of a for-profit creative sector, which fell under the broad terminology of media and entertainment. This evolved into a somewhat independent cultural sector, existing in the absence of a united policy framework to map its growth, or protect it in a crisis ecosystem like the one we are experiencing right now. Much of the creative sector is made up of individual professionals, the self-employed freelancers, micro, small, and medium enterprises (MSME), and a few larger cultural organisations. In a survey conducted by the Events and Entertainment Management Association in April to report on the impact of the pandemic on the events industry, which is just a fraction of the larger creative economy, we were served some dire statistics. Nearly 52.91 per cent of companies experienced a 90 per cent loss due to cancellations, 63.1 per cent companies (107) suffered revenue loss of up to Rs 1 crore, around 97 companies will need to raise capital or debt from institutions or shareholders, venture capital funding etc., collectively the events entertainment niche was predicted to experience a hit of Rs 1 trillion through the pandemic and its after-effects.