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Boost from Budget

IndiaGlitz [Saturday, July 13, 2013]

With the changeover of government from BJP to Congress I in the state there is some good relief to the Kannada film too via revised state budget of the earlier government.

Congress I chief Minister Siddaramaih not applying any additional taxes has announced dozens of new schemes and relief to the people of Karnataka. For the Kannada cinema industry the hike in subsidy films, hike in service charge for exhibitors, announcement for inauguration of Dr Rajakumar Memorial, extra 2 acres of land grant to Dr Vishnuvardhana Memorial and release of Rs.2.5 crores for the Amrutha Bhavan building are the inclusions in the Karnataka state budget for 2013-2014.

The Kannada cinema industry presented 12 point demand for the Congress I government to consider but only partial boost is given at this revised budget of last February 2013.

100 Kannada films would get subsidy of Rs.10 lakh each. That means to say it is hike for 25 more films from the existing 75 films on the basis of quality. Rs.1.50 to Rs.3 per ticket price is hiked in the wake of hike in the service charge. This is enjoyed by the exhibitors.

The formal inauguration of Dr Rajakumar memorial spread out on 2 acres of land will be declared open as the first stage of the work at memorial is ready. Dr Vishnuvardhana Memorial gets 2 acres of land at the existing place.

For the construction of Amrutha Bhavana that was declared by earlier government on 2.2 acres of land at Nandini Layout the state budget has allocated Rs.2.5 crores for the first stage of building.

South Centenary Big Bash!

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