Explorer
Advertisement
Budget 2019: FM Piyush Goyal gives boost to entertainment industry, announces single window clearance for Indian filmmakers
New Delhi: Finance Minister Piyush Goyal on Friday (February 1) presented the Interim Budget 2019 and gave a big boost to Bollywood by announcing that a single-window clearance would be made available for the Indian filmmakers. The provision of single-window clearance was earlier only available for the foreign filmmakers. He said that the employment rate is high in the entertainment industry and then mentioned Vicky Kaushal and Yami Gautam starrer 'Uri: The Surgical Strike' in his speech. “Saw Uri movie. There was such josh in the theater,” Goyal said.
The 54-year-old minister, while saying, "Hum sabko bollywood ka shauk hai," also announced that the PM Narendra Modi led government will introduce an anti-camcording provision to the Cinematograph Act to fight film privacy. The entertainment industry has heaved a sigh of relief as several films like 'Simmba', 'The Accidental Prime Minister' and 'Manikarnika: The Queen of Jhansi' were leaked online. Leaking of the film causes huge losses to the makers and the new provision will help to tackle privacy.
Considering cinema is one of the largest industries in India, a lot of eyes were set on the Interim Budget which was presented at the Parliament today.
#ABP2019KaBudget - Employment rate is high in the film industry. Single window clearance for film-making to be made available to Indian filmmakers, anti-camcording provision to be introduced to Cinematography Act to combat film privacy: FM Piyush Goyal pic.twitter.com/DFxgZS4FXX
— ABP News (@abpnewstv) February 1, 2019
The offers for the entertainment industry comes after PM Narenda Modi met a delegation of Bollywood actors and filmmakers in two separate meetings in Mumbai and Delhi respectively. The first meeting took place in Mumbai in which tinsel town celebs Karan Johar, Akshay, Bhushan Kumar and Prasoon Joshi met PM Modi and pitched for lower and uniform rates of GST for the entertainment industry in the country. Bollywood's young brigade including Alia Bhatt, Varun Dhawan, Ranbir Kapoor, Sidharth Malhotra, Bhumi Pednekar, Rajkummar Rao, Vicky Kaushal met PM Modi last month in Delhi. Watch this space for more updates!Piyush Goyal: A single window clearance for filmmaking to be made available to filmmakers, anti-camcording provision to also to be introduced to Cinematography Act to fight piracy pic.twitter.com/qMsd6CB7Ji
— ANI (@ANI) February 1, 2019
Follow Business News on ABP Live for more latest stories and trending topics. Watch breaking news and top headlines online on ABP News LIVE TV
View More
Advertisement
IPL Auction 2025
Advertisement
Advertisement
Top Headlines
Election 2024
Education
Business
Cities
Advertisement
Trending News
Sagarneel SinhaSagarneel Sinha
Opinion