Bollywood producer and president of Producers Guild of India, Siddharth Roy Kapur says he is delighted with the budget
Mumbai: Film producer Siddharth Roy Kapur has lauded the much-anticipated budget presented by Finance Minister Piyush Goyal today. Kapur, who also serves as the president of the Producers Guild of India, released a statement regarding the same.
During his budget speech, the Finance Minister Piyush Goyal said that the entertainment industry is a major employment generator. So, to promote the entertainment industry, single window clearance will be introduced to ease shooting for films. This clearance was earlier available only for foreign films and will now be available in India for Indian cinema/filmmakers as well. The minister also spoke about the introduction of an anti-camcording provision to the Cinematography Act.
Kapur said, “We are delighted that the immense contribution of Indian cinema towards employment generation in the country has been acknowledged and applauded in Parliament during the presentation of the Union Budget. The announcement of a single-window clearance mechanism for Indian film makers filming within India is a significant step and has the potential to play a huge role in boosting tourism in the country. The amendments in the Anti Camcording provisions will support the industry’s growth by curtailing illegal recordings of films in cinema halls and will go a long way towards reducing piracy.”
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Last Updated Feb 1, 2019, 2:02 PM IST