New Delhi 28th August: “India is the largest film
producing country in the World. We make around 2000 films in a year. The
turnover of the film industry is going to touch 12000 crore. The industry is
surviving because the passionate people, they are deriving it to its best.” said
Sandeep Marwah President of International Chamber of Media And Entertainment Industry
at an International Media Summit at Hotel Hyatt, New Delhi.
‘Most of the films are not doing well; hardly we get our
money back. 75 percent of the films are in losses. Many producers have stopped
making films, as recovery is difficult. Government should understand the point
of view of Producer who is the real entrepreneur,” said J.P.Chowksey President
Film Federation of India.
“Every one who is working for cinema right from actors to
spot boy gets their remuneration even before the release of the film. The
producer is always at the risk. We need government support in reducing entertainment
tax so that large number of people can watch cinema,” added T.P.Agarwal
President Indian Motion Picture Producers Association.
“When there is no tax on cinema and other entertainment
segments downloaded from internet why it should be on cinema at theatres where
much more efforts are involved. Where film industry is helping so many other
industries to grow simultaneously,” added Sandeep Marwah President ICMEI.
All the film organizations have joined hands together to
pursue with the government to reduce the tax rates and bring all India
entertainment tax at par to give same rebate to all the producers of the
country.
Representatives of FFI, IMPPA, Film Craft, Western India
Film Producers Association, Film Makers Combine will write a joint application
to the Government very soon informed Ashok Tyagi Secretary General of ICMEI.
