Prime Minister Narendra Modi’s government and Finance Minister Piyush Goyal’s 2019-20 Budget was much talked about by the Indian film fraternity. During the Budget, the Union Finance Minister Piyush Goel declared that the provision of single window clearance system for ease of shooting films, hitherto available only to foreigners, will now be made available to Indian filmmakers as well. The regulatory provisions will rely more on self-regulation.
The film industry has welcomed the key initiatives announced by the government for the films sector in the Interim Budget 2019-20. Thanking the government for the initiatives, Siddharth Roy Kapur, President of Producers Guild of India, said the Budget has “acknowledged the contribution of Indian cinema towards employment generation in the country”. Recently, Prime Minister Narendra Modi had interacted with members of the film industry.
The mechanism was until now available only to foreign film producers while Indian filmmakers had to obtain multiple permissions from central and state governments to shoot at Indian locations.
“This facility was earlier available only to foreigners but will now be made available to Indian filmmakers as well,” Goyal said in his budget speech.
Goel also announced that the Government will introduce anti-camcording provisions in the Cinematograph Act to control the menace of piracy.
The entertainment industry has appreciated the announcement of single window clearance system as a significant step with a potential to play a role in boosting tourism, while stating that anti-camcording measures will assist in the industry’s growth.
Rajesh Mishra, CEO of Indian operations at UFO Moviez, said the government’s initiative to introduce the anti-camcording provision as part of the Cinematography Act will give teeth to the law to take stringent action against the offender. “We are sure this is a very pragmatic step ahead by the government and will ensure the reduction of losses the film industry incurs,” Mishra said.
Earlier, the government had reduced the GST rate on cinema tickets costing over Rs 100 to 18% from 28%. For the cheaper tickets, the rate has been reduced to 12% from 18%. This is a huge relief for the industry.