Shri M.Venkaiah Naidu, Minister of Information & Broadcasting announced that the Government has taken a new initiative to create a Film Promotion Fund to promote Indian cinema in the International Film Festivals.The announcement was made at the press conference of 47th edition of International Film Festival of India (IFFI).The financial support would be provided to the filmmakers to promote their films atinternational film festivals across the world. The proposed fund value for films being selected to represent India at Oscars is Rs.50,00,000 to Rs.1,00,00,000.
iv. The step is a part of Government’s efforts towards promotion of Indian cinema in the international arena and especially help the independent producers to promote their work.This initiative would help independent producers to promote their work across the globe
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