’ ₹4 crore grant for producing...’: Bihar approves its first film promotion policy — Here’s what it offers

Bihar's first film promotion policy: The aim of this policy is to promote the film industry in Bihar and to promote filmmaking in different languages ​​of the state.

Livemint
Updated19 Jul 2024, 10:03 PM IST
Bihar Deputy Chief Minister Vijay Sinha with principal secretary Art, Culture & Youth department Harjot Kaur addressing a press conference at Secretariat in Patna, Bihar, India, Friday,19, 2024.
Bihar Deputy Chief Minister Vijay Sinha with principal secretary Art, Culture & Youth department Harjot Kaur addressing a press conference at Secretariat in Patna, Bihar, India, Friday,19, 2024.(X, @VijayKrSinhaBih)

The Bihar government approved its first film promotion policy on Friday. The policy is aimed at providing full institutional backing, including financial support, to movie makers. The decision was taken during a Cabinet meeting chaired by Chief Minister Nitish Kumar. The proposal came from the state government's Art, Culture, and Youth department.

Under the new film promotion policy, the entertainment industry of audio-visual medium, including films, are expected get a major boost in the state.

"Bihar has come up with the most updated film policy in the country...film promotion policy will give a new dimension to the talent and identity of Bihar," state's Deputy Chief Minister Vijay Kumar Sinha said.

Aim and expected benefits under Bihar's film promotion policy

The aim of this policy is to promote the film industry in Bihar and to promote filmmaking in different languages ​​of the state. "Film promotion policy is a reflection of the inspiration of our Prime Minister and the thinking of the Chief Minister," said Vijay Kumar Sinha.

Also Read | ‘Panchayat’ most watched Hindi web show in 2024; ‘Chamkila’ most watched film

He told news agency PTI, “Our priority is to develop the state into a centre of filmmaking. We wish to encourage film shooting in the state, and in this regard, we have made the process of seeking permissions easier.”

Bihar Deputy Chief Minister Vijay Kumar Sinha said the policy made by the Bihar government is very favourable for industrialists. "Under the policy, the Bihar government will buy their products. "It is a big attraction that the government buys the goods of any industry that will be set up here...," he was quoted by ANI as saying.

Special Grants under Bihar's film promotion policy

The Deputy Chief Minister said Bihar is "also going to provide more grants than other states in the country" under the new policy. "We will provide grants up to 4 crore to filmmakers, while the maximum grant amount in any other state of the country is 2.5 crore," he said.

Also Read | Film stars, studios turn to WhatsApp channels for marketing, brand promotions

He added, “...will provide grant up to 50 percent of the cost for films made in the regional languages ​​of the state. In this policy, we have included grants for TV serials and OTT platforms.”

"We have also decided to give grants of up to 1 crore and 3 crore, respectively, for films made for the state. We will also give special grants for films made on stories and screenplays from the state and for giving work to artists from the state in films," the Deputy CM said.

Besides, filmmakers will be able to avail special grants and incentives for films with more than 75 percent of shooting days in the state.

Catch all the Business News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.

MoreLess
First Published:19 Jul 2024, 10:03 PM IST
Business NewsNewsIndia’ ₹4 crore grant for producing...’: Bihar approves its first film promotion policy — Here’s what it offers

Get Instant Loan up to ₹10 Lakh!

  • Employment Type

    Most Active Stocks

    Power Grid Corporation Of India share price

    338.70
    03:50 PM | 26 NOV 2024
    -4.15 (-1.21%)

    Adani Power share price

    437.75
    03:58 PM | 26 NOV 2024
    -9.1 (-2.04%)

    Bharat Electronics share price

    297.80
    03:54 PM | 26 NOV 2024
    5.35 (1.83%)

    GAIL India share price

    193.90
    03:54 PM | 26 NOV 2024
    -5.25 (-2.64%)
    More Active Stocks

    Market Snapshot

    • Top Gainers
    • Top Losers
    • 52 Week High

    Piramal Enterprises share price

    1,197.35
    03:47 PM | 26 NOV 2024
    89.55 (8.08%)

    Laurus Labs share price

    545.00
    03:29 PM | 26 NOV 2024
    12.85 (2.41%)

    Wipro share price

    589.05
    03:58 PM | 26 NOV 2024
    6.3 (1.08%)

    Federal Bank share price

    213.55
    03:51 PM | 26 NOV 2024
    0.55 (0.26%)
    More from 52 Week High

    Poly Medicure share price

    2,775.00
    03:29 PM | 26 NOV 2024
    -227.7 (-7.58%)

    Adani Green Energy share price

    899.40
    03:59 PM | 26 NOV 2024
    -68.25 (-7.05%)

    DCM Shriram share price

    1,160.00
    03:29 PM | 26 NOV 2024
    -67.3 (-5.48%)

    Fortis Healthcare share price

    664.60
    03:59 PM | 26 NOV 2024
    -36.15 (-5.16%)
    More from Top Losers

    Piramal Enterprises share price

    1,197.35
    03:47 PM | 26 NOV 2024
    89.55 (8.08%)

    Triveni Turbines share price

    824.30
    03:54 PM | 26 NOV 2024
    60.4 (7.91%)

    Capri Global Capital share price

    210.00
    03:29 PM | 26 NOV 2024
    15.35 (7.89%)

    Vodafone Idea share price

    7.53
    03:59 PM | 26 NOV 2024
    0.55 (7.88%)
    More from Top Gainers

    Recommended For You

      More Recommendations

      Gold Prices

      • 24K
      • 22K
      Bangalore
      78,555.00-1,090.00
      Chennai
      78,561.00-1,090.00
      Delhi
      78,713.00-1,090.00
      Kolkata
      78,565.00-1,090.00

      Fuel Price

      • Petrol
      • Diesel
      Bangalore
      102.92/L0.00
      Chennai
      100.90/L0.00
      Kolkata
      104.95/L0.00
      New Delhi
      94.77/L0.00

      Popular in News

        HomeMarketsPremiumInstant LoanMint Shorts