Particulars of Organization, Functions & Duties
[Section-4 (1) (b) (i)]
The Odisha Film Development Corporation Ltd. was established in 1976 as a nodal agency for implementing the State Government's policies and schemes to promote the growth of the film industry in Odisha. The objectives of the Corporation, interalia are as follows-
i. Financial assistance td producers for production of Orlya feature films.
ii. Financial assistance to private entrepreneurs for construction of new low cost Janata and Rural Cinema houses In semi urban and rural areas and renovation of existing cinema houses.
iii. Setting up a studio complex to facilitate the Indoor Shooting, Dubbing, Editing, Music Recording, Mixing and B.G. Scoring etc.
iv. Setting up a colour processing laboratory to develop and printing of motion pictures.
v. Setting up a Video Complex for production of tele-films and serials
vi. Providing subsidy to producers for production of Odisha films and special subsidy to other language films
vii. Compulsory screening of Oriya films
viii. Organization of Regional, Children's Foreign Film & Documentary Film Festivals
ix. Grant in aid to cine societies.
The corporation is functioning since April 1976 and has been Implementing different schemes under the plan programme for development of film industry in the state.
1. Construction of Cinema Halls:
a. This corporation has devised this scheme for extending loan to the entrepreneurs for construction of Janata and Rural cinema halls In the state. Besides, the corporation is extending loan for renovation and remodeling of existing cinema halls.
i. Low cost Janata Cinema House:
The Corporation has devised a scheme and plan for construction of low cost Janata cinema houses with a seating capacity of 600-800 persons in semi urban areas by the entrepreneurs. The total project cost of the cinema hall is Rs.22.20 lakhs of which the corporation provides Rs.15.00 lakhs as Term Loan with an interest of 14% per annum with a rebate of 2% for timely repayment of loan and interest dues.
ii. Low cost Rural Cinema House:
Like wise, the corporation has devised a scheme and plan for construction of low cost rural cinema houses for the rural areas at block levels by the entrepreneurs with a seating capacity of 200-300 persons. The project cost of the said scheme Is Rs.15.50 lakhs of which the corporation provides Rs.10.40 as Term Loan with an interest of 14% per annum with a rebate of 2% for timely repayment of loan and interest dues.
iii. Loan for renovation of existing Cinema Houses :
With a view to encourage revival and to improve the conditions of the existing Cinema Houses particularly in semi urban and rural areas, the corporation considers sanction loans up to a limit of Rs.8.00 lakhs. The loan is mainly extended to improve the audiovisual systems, chairs, electrical equipments, generator etc. The loan carries an Interest at the rate of 10% per annum, effective from 01.11.2009.
b. Subsidy to Cinema Halls (Refund of E.T.):
In respect of new cinema houses, the amount collected by way of Entertainment Tax excluding surcharge tax on exhibition of advertisements and show tax for first two years after its commissioning shall be given as subsidy to the concerned cinema halls through the Odisha Film Development Corporation Ltd. as per the rules of the corporation and approved by the State Govt. from time to time.