New Delhi: India is the largest film producer in the world with over 3,000 films a year where the industry is headed by the private sector. Fulfilling its commitment to support the film sector, the Union Cabinet chaired by Prime Minister Narendra Modi expanded its Memorandum of Articles of Association of NFDC to four of its media units – Film Division, Directorate of Film Festivals, National Film Archive of India, and Children’s Film The Society approved the merger.
The Memorandum of Articles of Association of NFDC will carry out all the work done by them so far. The merger of film media units under one corporation will lead to uniformity in functions and tools and better coordination which will ensure uniformity and efficiency in obtaining mandates by each media unit.
The Film Division, a subordinate office of the Ministry of Information and Broadcasting, was established in 1948 to produce documentaries and news magazines primarily for the promotion of government programs and cinematic records of Indian history.
The Children’s Film Society of India, an autonomous organization, was established in 1955 under the Societies Act. Its special objective is to provide value-based entertainment to children and youth through films.
The National Film Archives of India, a subordinate office of the Ministry of Information and Broadcasting, was established in 1964 as a media unit. Its main objective is to acquire and preserve the heritage associated with Indian cinema.
The Directorate of Film Festivals, an attached office of the Ministry of Information and Broadcasting, was established in 1973 to promote Indian films and cultural exchanges.
NFDC is a central public sector undertaking. It was incorporated in 1975 primarily to plan and promote the organized, efficient and coordinated development of the Indian film industry.
The Union Cabinet, which approved the merger of these media units in its meeting, also approved the appointment of a transaction advisor and legal advisor to advise on the transfer of assets and employees and to look into aspects of the merger process. Granted.
While doing the work of uniformity, the interests of employees of all affiliated media units will be protected and no employees will be removed.
As a result of the merger of the major organization Film Media Units, NFDC will be placed separately under one management in relation to the publicity and creation of film content. The concept of the new institution is to ensure a balanced and focused development of Indian cinema in feature films of all its genres, including the content of films / OTT forums, child-related content, animation, short films, and documentaries.
The merger of film media units under one corporation will bring uniformity between various functions, as well as better and effective utilization of infrastructure and manpower. This will help in reducing duplication of tasks and will directly save the treasure.