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Producers and Film Association demand financial relief ‘package’ from Finance Minister

The Nepali film industry has been deserted for a year and a half due to the Corona epidemic. The halls have been closed for a long time. The number of films awaiting release is long. As a result, thousands of people in the film industry are confused. Many filmmakers are hoping that the hall will open soon and that the film industry will flourish.

However, the government of Nepal has not been able to address the issue even though the film sector has been most affected. Although the representatives of various organizations including Nepal Film Association and Film Producers Association have made demands to the government at different times, those demands have not been heard.

Meanwhile, a team including Film Producers Association President Akash Adhikari, Film Association President Madhusudan Pradhan, hero Bhuvan KC, director Uday Subba and others have met Finance Minister Janardan Sharma.

In order to ease the corona-laden film sector in particular, the two unions have demanded that soft loans be disbursed for seven years by paying interest after three years in the monetary policy and to keep the film industry in the worst affected areas this year as in the monetary policy of 2077 BS.

The memorandum submitted by the two unions to the finance minister mentions the provision of banking loan to the person who wants to make a film, arrangement of interest discount for the resumption of the film sector which has been stalled since April 2077, and increase of David Visa card up to Dollar 500 to Dollar 2,000.

A memorandum has been submitted to the Finance Minister requesting to waive the electricity tariff of the movie house for three years, budget allocation for organizing film festivals in foreign lands through embassies, implementation of construction of well-equipped outdoor shooting studios, tax exemption for working filmmakers for the next two years.

(source : Onlinekhabar)