Govt to increase film finance

PTI, PANAJI | 25 April 2012 13:30 IST

Chief Minister Manohar Parrikar today announced to review the state government's film financing policy by raising the ceiling of the financial benefits given to the filmmakers under this ambitious scheme.

Parrikar said the existing Rs 25 lakh ceiling should be increased, as there has been escalation in film production costs.

The chief minister said that the scheme has become outdated, as its logistics were worked some five years back.

Entertainment Society of Goa (ESG), a corporation floated by the state government, implements this scheme, which finances films produced by local filmmakers in any language.

Parrikar said that all the assistance required to boost the film culture in the state would be provided by the state government.

He said the filmmakers should use their skills to attract the audience to theatres.

Goa, which hosts International Film Festival of India (IFFI) annually between November-December, does not produce many films although the state has been famous amongst the filmmakers from across the globe to shoot thanks to its beaches and other locations.

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