An Indian film competing for the Oscars may get around Rs. 1 crore while those going to the Cannes or Venice festivals may get around Rs. 50 lakh, as the I&B Ministry is planning to create a fund to support Indian filmmakers’ bid to gain recognition abroad.
In another move to promote India as a film shooting destination, the Ministry has approached the Home and External Affairs Ministries, seeking a special category visa for foreign filmmakers who want to scout for locales in the country.
Minister of State for Information and Broadcasting Rajyavardhan Rathore told reporters: “A proposal has been readied to support film-makers as they try to win awards in major international film festivals.” He said that as per the proposal, the Centre may provide assistance to such film-makers for travelling, exhibiting their movies, hiring of halls and so on in different countries. once it gets the Cabinet nod.