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Film industry – Budget 2019 effect

Film industry – Budget 2019 effect

Since Budget 2019 has been announced by the interim Finance Minister of the country Piyush Goyal, it has been said that the budget gave a little to rich and a lot to poor. Keeping aside all the talks concerning the business, let’s see how 2019 Budget has encouraged the Film Industry.

On Friday, Piyush Goyal announced that single window clearance mechanism is being made available for the Indian filmmakers. Now they don’t need to obtain multiple permissions from central and state government to shoot at different locations in India. This facility was previously available only for the Foreign Filmmakers.

It was long standing demand made by the filmmakers. It was costing them more money and the procedure was very time consuming also.

Apart from this, to fight against the issue of piracy, Anti- camcoding provision in the cinematography act is being announced. Camcording is considered as one of the vital factor affecting the growth of the industry. It has also been said that this act will definitely act as a deterrent to piracy.

The law says, “If there is an unauthorized or unlawful recording of the movie inside the movie house or cinema house, it will be considered as a crime. And the person accused will receive punishment of 3 years of imprisonment along with the fine of 10lakh.”

Many eminent personalities from the film industry took a sigh of relief and showered their happiness on social media platforms. Filmmaker Madhur bhandarkar tweeted, “Welcome move by Modi government for initiating anti-camcording provision in the cinematography act to fight piracy and single window clearance for film shootings. This will help the industry in a big way.”

Minister of state youth affairs and Sports, Rajyavardhan Rathore said, “Taking the ‘Josh’ of the film industry at another level, our government announces single window clearance for filmmaking to be made available to Indian filmmakers. Anti camcording provision to be introduced to the cinematography act to beat piracy.”

It has also been said that the Indian cinema has a great contribution in the employment generation and also in boosting tourism in India.

Finance minister concluded the speech at another level by praising ‘Uri: The surgical strike’ and said with great feeling of ecstasy, “I am blessed & honored to watch such a beautiful film. There was such a Josh in the theatre.”

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