J&K govt creates Rs 500cr Film Development Fund for 5 years

To effectively implement the ambitious J&K Film policy, the government last year allocated Rs 500 crore to be payable in the next five years

J&K Film Development Fund

The Jammu and Kashmir government has created Film Development Fund (FDF) in the Information department for the fiscal year 2022-23, for disbursement of subsidies envisaged in the J&K Film Policy 2021.

To effectively implement the ambitious J&K Film policy, the government last year allocated Rs 500 crore to be payable in the next five years for financially supporting the development of a vibrant film ecosystem in Jammu and Kashmir. This policy is valid for five years from the date of notification.