National Film Development Corporation
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National Film Development Corporation
Subject: Polity
Section: Important organizations and mandate
Concept :
- The Managing Director of the National Film Development Corporation (NFDC), which organized the International Film Festival of India (IFFI) in Goa, has been relieved of his charge by the Ministry of Information and Broadcasting.
- Recently, theFilms Division, National Film Archive of India and Directorate of Film Festivals were merged with NFDC, as part of the government’s move to unify its various film bodies.
About National Film Development Corporation
- National Film Development Corporation (NFDC) is a Public Sector Undertaking (PSU) working under the Ministry of Information and Broadcasting which was established in
- NFDC is based in
- The objective of the agency is to promote and organize an integrated development of the Indian Film Industry and to foster excellence in cinema.
- Following the merger, the mandate to produce short films and documentaries, organising various film festivals and film preservation was transferred to the NFDC, by the Ministry of Information and Broadcasting.
Budgetary allocation
- A budgetary allocation of Rs 1304.52 crore up to the year 2026 was made by the government towards this industry for the activities that will be undertaken by the NDFC.
- Also, the revenues that will be generated through these activities will also be accrued to the NFDC.