Administrative Council Provides Nod to Jammu and Kashmir Movie Coverage-2024

Administrative Council Provides Nod to Jammu and Kashmir Movie Coverage-2024

   

SRINAGAR: The Administrative Council (AC) convened beneath the management of Lieutenant Governor Manoj Sinha and permitted the Jammu and Kashmir Movie Coverage-2024 on Friday.

The coverage goals to ascertain JK as a centre of cinematic innovation and productiveness, superseding the present Movie Coverage-2021.

A DIPR assertion mentioned that the coverage introduces time-bound administrative help, the institution of a Single Window Cell, facilitation for movie capturing permissions, a monetary help bundle, and the promotion of Authorities, Non-Authorities Organisations concerned in cinema publicity. Moreover, efforts will probably be made to create nationally aggressive film-making infrastructure.

Key our bodies outlined within the coverage embody the Movie Improvement Council, JK Movie Division, Script Screening Committee, Divisional Location Permission Committee, Movie Improvement Fund, and mechanisms for branding and selling actions by movie festivals.

To be eligible for subsidy from the UT Authorities, a movie should have a minimal of 20 days of capturing. Standards for claiming subsidies for Movies/TV Serials/Reveals/Internet Sequence are additionally detailed within the coverage.

The utmost subsidy for movies in regional languages of JK will probably be Rs 1.25 crores.

“A Movie Improvement Fund, ranging from the fiscal 12 months 2024-25, could have an allocation of Rs 500 crores (to be disbursed over the subsequent 5 years with an annual budgetary grant of Rs 100 crores), sourced from the CAPEX price range for subsidy/incentive disbursement. The minimal manufacturing price for a movie will probably be Rs 10 crores, with a requirement to be screened on at the least 25 screens throughout the nation. For domiciles of JK, the minimal manufacturing price will probably be Rs 50 lacs, with a requirement to be screened on at the least 3 screens. Moreover, ineligible classes for subsidies are outlined within the coverage,” the assertion reads.

The coverage is predicted to have a optimistic impression on the financial system by producing employment and fostering development in movie tourism. It’ll stay legitimate for five years.

In attendance on the assembly had been Rajeev Rai Bhatnagar, Advisor to the Lieutenant Governor; Atal Dulloo, Chief Secretary; and Mandeep Kumar Bhandari, Principal Secretary to the Lieutenant Governor.


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