Friday, Apr 26 2024 | Time 13:51 Hrs(IST)
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States » East


Assam govt provides subsidy to cinema hall owners

Guwahati, Sep 16 (UNI) In a move to inject a fresh lease of life to cinema halls and the fraternity associated with them, Assam Chief Minister Sarbananda Sonowal today presented cheques as government subsidy to entrepreneurs to establish new cinema halls and for reopening or renovation of closed and old cinema halls.
Under the scheme which is implemented by Assam State Film (Finance and Development) Corporation Limited for the first time, government subsidies were given to five entrepreneurs for opening of new cinema halls and five entrepreneurs for reopening or renovation of closed and old cinema halls.
For new cinema halls, government would bear subsidy up to 25 per cent or Rs 75 lakh, for 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.
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