FILM FINANCING FROM FILM DEVELOPMENT FUND

Government of U.P. has formulated Film Policy'1999 which aims to develop Uttar Pradesh as the most preferred destination for film production and in the projection the rich and exotic natural beauty, history and culture and tourist potential of the State.

In order to develop the economic activity Government of Uttar Pradesh has evolved a strategy. This includes extending support to creation/ upgradation of infrastructure, bridging critical gaps, adequate administrative support, attractive package of financial incentives, innovations method of financial support and impetus to NGO's involved in propagation and appreciation of Cinema. the government has entrusted PICUP to play an active role to promote and implement this step, which involves the following specific responsibilities:

* Facilitatory Role In Development of Infrastructure for Film Industry.

* To act as "FUND MANAGER" for Film Manager for Film  Development Fund.

In order to finance various schemes for development of films and related infrastructure the Government of Uttar Pradesh has constituted a Film Development Fund.

The Film Fund will be placed to PICUP and shall be managed by a committee of senior Government officials for financing of Films, TV Serials, Cinema Halls, Multiplexes, Studios, Processing Labs, Film Distribution etc.