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NEW DELHI: The utilisation of funds in the film sector by
the Government in 2011-12 is Rs 1.25 billion as against the
budget estimates of Rs 1.63 billion and revised estimates
of Rs 1.39 billion.
This
is despite the fact that the utilisation of funds had jumped
above the budget and revised estimates in just one year –
2010-11 – when an estimated Rs 1.02 billion was spent
as against the allocation of Rs 880 million and revised estimates
of Rs 968.2 million.
Information
and Broadcasting Ministry sources told indiantelevision.com
that this was attributable to the coverage of the Commonwealth
Games in October 2010.
The
actual expenditure for the other years of the plan as against
the budget estimate (BE) and revised estimates (RE) was: 2007-08
– Rs 298.7 million (BE Rs 419.8 million and RE Rs 300
million); 2008-09 – Rs 369.2 million (BE Rs 670 million
and RE Rs 500.6 million); and 2009-10 – Rs 628.4 million
(BE Rs 600 million and RE Rs 668.4 million).
The
proposed outlay for the 11th Plan rose from Rs 1.28 billion
in 2007-08 to Rs 3.45 billion in 2011-12. The proposed outlay
for the other years was: 2008-09 – Rs 971.4 million;
2009-10 – Rs 1.2 billion, and 2010-11 – Rs 2.28
billion.
The
revenue in the film sector for 2010-11 was Rs 462.1 million
against a capital expenditure of Rs 224.7 million.
The
total budget allocation for the film sector in the 11th Plan
is Rs 4.20 billion out of a total Rs 36.86 billion, thus amounting
to 11.4 per cent of the total budget allocation of the Information
and Broadcasting Ministry.
Ministry
sources admitted that Indian cinema had not attained as much
acclaim in the past few decades as it had enjoyed up to the
1970s or even in the 1980s.
Taking
note of this, the Parliamentary Standing Committee on Information
Technology said “a concerted effort should be made during
the 12th Plan to ensure that promotion of Indian cinema abroad
is carried out in a more structured and vociferous manner.”
Also
read:
I&B
should be more active in promoting Indian films overseas:
Parliamentary Committee
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