Question : RBI GUIDELINES FOR FILM FINANCING



(a) whether attention of the Government has been drawn towards unrealistic guidelines of RBI for film financing;

(b) if so, the details therefor and the reaction of the Government thereto;

(c) whether the Film Federation of India has suggested any amendments to guidelines;

(d) if so, the details thereof; and

(e) the measures to be proposed for providing more finance to film industry?

Answer given by the minister


THE MINISTER OF INFORMATION AND BROADCASTING (SMT SUSHMA SWARAJ)


(a): No Sir. This Ministry has not received any complaints about RBI`s guidelines dated 14.05.01 being unrealistic.

(b) Does not arise.

(c) No Sir.

(d)&(e): Do not arise.