I&B ministry plans various initiatives to boost Indian Film Industry
By IMP News Wire - 26th March 2008
The information and broadcasting ministry of India has planned a number of initiatives to boost the Indian film industry.
The Indian government will be investing Rs 600 million (Rs 60 crores) to establish the National Museum for Moving Images in Mumbai, Preliminary work has already been completed.
Apart from the co-production agreements with Italy, UK, Germany and Brazil, the government is also in talks with various other countries.
The government is also planning to boost the post-production, animation and visual effects sector by setting up a National Center for Animation, Gaming and VFX.
Plans are also taking place to build an interface between the Film and Television Institute of India (FTII) and the industry.
Expansion of equity base for the National Film Development Corporation (NFDC) is also on the agenda.
Also a fund of Rs 200 million (Rs 20 crores) has been set aside for documentary films in the 11th Plan for a period of four years.
The I&B ministry along with the Home Affairs ministry is also working out a solution to stop anti-social elements from disrupting films’ screenings.
The Indian government told the film industry Tuesday that it would take a light touch to regulation to tackle piracy -- but would legislate if necessary.
All the plans were address on the first day of the Federation of Indian Chambers of Commerce and Industry Frames convention. Asha Swarup (Secretary of the Union Ministry of Information & Broadcasting) said that the industry must do more to tackle piracy.