Short Description:
Finance Minister Nirmala Sitharaman defends the government’s support for the film industry against Jaya Bachchan’s criticism, shedding light on taxation and initiatives bolstering entertainment in India.
Read Time: 4 minutes 24 seconds
Main Article:
In a recent exchange in the Rajya Sabha, Union Finance Minister Nirmala Sitharaman countered accusations from Samajwadi Party MP Jaya Bachchan regarding the government’s treatment of the film industry. Bachchan expressed concerns about the lack of support for the entertainment sector, claiming it had been neglected and burdened by hefty entertainment taxes. Sitharaman responded emphatically, clarifying that the entertainment tax falls under state jurisdiction, not that of the Central government. "Before GST, many states imposed up to 100% entertainment tax, but now, the tax is significantly reduced to 18% for tickets over Rs 100, and only 12% for tickets below that threshold," she stated.
Sitharaman also highlighted various government measures aimed at fostering growth within the media and entertainment industry. Initiatives such as the World Audio Visual Entertainment Summit (WAVES 2025), set to be hosted in Mumbai, underline the government’s commitment to advancing this vital sector. Additionally, the establishment of a National Centre for Excellence dedicated to Animation, Visual Effects, Gaming, Comics, and Extended Reality indicates a robust strategy to uplift India’s entertainment segment on a global scale.
Responding to Bachchan’s claims that the government was using the film industry for its gain, Sitharaman pointed to historical instances where artists faced suppression, including the targeting of actress Kangana Ranaut during the Maharashtra Vikas Aghadi government. She reminded Bachchan of the hardships faced by various legendary artists under past administrations, illustrating the government’s ongoing support for the artistic community. "We are not forgetting the film industry; instead, we are elevating it to new heights," she emphasized, drawing attention to Prime Minister Modi’s acknowledgments of cinematic contributions in his ‘Mann Ki Baat’ broadcasts.
The debate underscores a significant moment for the entertainment industry, as Sitharaman illustrated the government’s initiatives designed to not only provide immediate relief but also promote long-term growth and sustainability. With a focus on reducing the tax burden and expanding avenues for creative expression, the government’s stance could reshape the landscape of entertainment in India, supporting artists, innovators, and audiences alike.
Short Summary:
In response to Jaya Bachchan’s criticism, Finance Minister Nirmala Sitharaman defended the government’s support for the film industry, highlighting tax reductions and key initiatives. Her remarks suggest a steadfast commitment to uplifting the entertainment sector amidst ongoing concerns.
