News Watch
Key initiatives for entertainment Industry announced in Budget 2019
Union finance minister Piyush Goyal announced key initiatives taken by the government in the films sector in the Budget 2019. Hailing the entertainment industry as a major employment generator, he declared that the provision of single window clearance system for ease of shooting films, hitherto available only to foreigners, will now be made available to Indian filmmakers as well. The regulatory provisions will rely more on self-regulation.
The entertainment industry has appreciated the announcement of single window clearance system as a significant step with a potential to play a role in boosting tourism, while stating that anti-camcording measures will assist in the industry’s growth. The industry also expressed its delight at the acknowledgment by the finance minister of its contribution toward employment generation.
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