Film Subsidy in Odisha - Benefits and Schemes

The Film Subsidy in Odisha is financial assistance and incentives provided to the filmmakers with the goal of enhancing the Film industry of the state. The Government offers Film subsidy in Odisha to the filmmakers for films that showcase the rich cultural heritage and scenic beauty of the state to promote Odisha as a filmmaking destination at national and international level. The Film Subsidy in Odisha promotes the making of both films and documentaries to create jobs for the locals, boost tourism and attract more filmmakers within the state. In this article, you will get to know the complete insights on the Film Subsidy in Odisha, along with its benefits that will help the businesses in the state and redeem them with our team of experts..

The Film Subsidy in Odisha aims to promote the cultural, historical and architectural heritage of the state through the film industry. Some of the benefits of the Film Subsidy in Odisha for the filmmakers and film industry are written below.

The Government offers maximum subsidy amount for the Film subsidy in Odisha to the filmmakers to ensure prevention of exploitation or unfairness of the intermediary in the film industry. The Film Subsidy in Odisha is categorized under 8 programs which are tabulated below:

• Promotion of Odisha

  Maximum Subsidy Rate	Maximum Subsidy Amount	Limitations
  25% of the total cost of the film	25% of the total cost of the film	For films which have a minimum of 5% of the screen time 'promoting Odisha
  	Up to Rs 2.50 crores	For films which have a minimum of 10% of the screen time 'promoting Odisha

• Odia Film Aesthetic Standards

  Maximum Subsidy Rate	Maximum Subsidy Amount	Limitations
  25% of the total cost of the film	Up to Rs 1.25 crores	At least 50% of total shooting days in Odisha
  	Up to Rs 2.50 crores	At least 90% of the total shooting days in Odisha

• Big Budget Film Assistance

  Maximum Subsidy Rate	Maximum Subsidy Amount	Limitations
  Not Specified	Up to Rs 10 crores to filmmakers	Minimum of 10% screen time promoting Odisha

• Concession on Stay for Shooting

  Maximum Subsidy Rate	Maximum Subsidy Amount	Limitations
  75% of actual expenditure in accommodation	Up to Rs 10 lakh	Subject to a ceiling of Rs 10 lakh

• Interest Subsidy

  Maximum Subsidy Rate	Maximum Subsidy Amount	Limitations
  5% per annum	Up to Rs 5 crores	For 5 years (available after 1 year from date of commencement of commercial operation of the project)

• Capital Investment Subsidy

  Maximum Subsidy Rate	Maximum Subsidy Amount	Limitations
  20% of the investment	Up to Rs 4 crores	Only for eligible cinema halls and multiplex projects
  40% investment	Rs 20 Crores Rs 30 Crores	If investment is of Rs 50 Crores or below If investment is more than Rs 50 Crores
  Subsidy at the rate of 20% of the investment made	Rs 15 Crores	Maximum Rs 15 Crores

• Environmental Protection Infrastructure Subsidy

  Maximum Subsidy Rate	Maximum Subsidy Amount	Limitations
  20% of the capital cost	Up to Rs 20 lakh	Reimbursement only after commercial operation of the project

• Upgradation of Screening Infrastructure

  Maximum Subsidy Rate	Maximum Subsidy Amount	Limitations
  50% of the net SGST	Not Specified	For 5 years and minimum investment of Rs 1 crore in identified infrastructure