This correspondence News | COVID19 Have an effect on: Assam Provides Subsidy to Cine-Entrepreneurs


GUWAHATI: In a move to inject a fresh lease of life to cinema halls and the fraternity associated with them, Assam chief minister Sarbanands Sonowal on Thursday presented cheques as a government subsidy to entrepreneurs to set up new cinema halls and reopening or renovation of closed and old cinema halls at a operate held at Assam Administrative Staff College here.

For new cinema halls, the government would bear subsidy up to 25 percent or Rs. 75 lakh, for the renovation of cinema halls, there would be government subsidy to the tune of Rs. 25 lakh and for the opening of cinema halls, the government subsidy would be Rs. 50 lakh.

Under the scheme which is implemented by Assam State Movie (Finance and Development) Corporation Limited for the first time,  government subsidies were provided to five entrepreneurs for the opening of new cinema halls and five entrepreneurs for reopening or renovation of closed and old cinema halls.

The state government released 40 percent of the subsidy under the scheme which the Government of Assam has taken for the first time.

Sonowal said that the government has taken the decision to help out the cinema halls to elevate the exhibition of the Assamese cinema along side other mainstream cinemas.

He said, “Assamese society is culturally deep-rooted one where people belonging to Barak, Brahmaputra, hills and plains are working together to expedite cultural development of the state”.

Sonowal added, “Assamese society is indebted to the artistes of the state as the artistes are doing their best in promoting the concord, dignity and respect of our society”.

It can be famous that the beneficiaries provided subsidy for opening new cinema halls are Jonaki Cinema Corridor, Tezpur, Kelvin Cinema Corridor, Guwahati, Zelimax, Bongaigaon, Chaya Cinema Corridor, Tangla and P.G. Enterprise promoted cinema corridor at Bypass Nagaon. For reopening or renovation of closed and old cinema halls, the beneficiaries selected are Indrapuri Cinema Corridor, Barpeta, Anuradha Cine Complex, Guwahati, Nakshatra Cinema Corridor, Lakhimpur, Mayapuri Cinema Corridor, Bongaigaon and Nazira Movie Cooperative Societies, Nazira.

The Bodoland/ Assam / India / International


Please enter your comment!
Please enter your name here