Chiranjeevi thanks AP CM YS Jagan for special grants to Telugu film industry
AMARAVATI: At the request of Telugu film industry associations, the government has removed fixed electricity charges for single screens and multiplexes in the state for April, May and June 2020 in the state of Andhra Pradesh. A government decree to this effect was issued on Tuesday.
This decision is a huge relief for movie theater owners. The AP government has always supported the film industry, which has been hit hard due to the lockdown induced by the coronavirus pandemic.
After the order was announced, Tollywood actor Konidela Chiranjeevi was the first to come forward and welcome the AP government’s decision. He thanked Chief Minister YS Jagan Mohan Reddy via his Twitter platform on behalf of the film industry.
My sincere thanks to the Honorable CM Shri. YS Jagan for the well-deserved relief measures for the film industry during the Covid period. Your kind support will help several thousand families dependent on this industry, he wrote in his post.
My sincere thanks to the Honorable CM Shri. @ysjagan for well-deserved relief measures for the film industry during the Covid period. Your benevolent support will help several thousand families dependent on this industry.
– Chiranjeevi Konidela (@KChiruTweets) April 6, 2021
The state government has announced special grants for the film industry, allied industries and workers dependent on the film industry, who are facing hardship due to the coronavirus.
State theaters and multiplexes will be exempt from paying fixed electricity charges for the months of April, May and June 2020. After that, for 6 months (from July to December 2020) the fixed charges of electricity can be paid in installments.
The ordinances stipulate that cinemas will benefit from a 50% interest reduction on loans taken out from banks.
The interest subsidy facility is applicable after a six-month moratorium period. The maximum loan amount is Rs 10 lakhs in centers A and B and Rs 5 lakhs for owners of cinemas in centers C.
However, multiplex theaters will not be eligible for this interest repayment facility.
Information and Public Relations Commissioner and Ex-officio Secretary (Department of General Administration) T Vijay Kumar Reddy said the grant was made for the benefit of the film industry, its affiliates and workers who depend on the film industry.
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Actor Akkineni Nagarjuna also thanked CM YSJagan for his support of the film industry through his Twitter account. “Thanking the Honorable Chief Minister of Andhra Pradesh Shri YS Jagan for the much needed relief measures given to the film industry during these dark times of Covid,” he wrote.
Thanking the Honorable Chief Minister of Andhra Pradesh Shri @ysjagan for the much needed relief measures given to the film industry during these dark times of Covid🙏
– Nagarjuna Akkineni (@iamnagarjuna) April 7, 2021