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Government Of Assam Department of Cultural Affairs

Financial Assistance

Film Finance generally refers to borrowing used to cover production costs for a film. It is an aspect of film production that occurs during the development stage prior to pre-production and is concerned with determining the potential value of a proposed film.

Financial constraints have always been a hindrance to filmmakers in Assam who had tried to initiate an out of the box project and since the box office in Assam is not as popular as its national counterpart, investors tend to stay away from producing films that do not cater to the large pool of audiences. Today, one of the biggest challenges encountered by an independent filmmaker from Assam is financial constraints. All the independent filmmakers are not in a position of financing their own film and thus Assam State Film Finance & Development Corporation Ltd. (ASFFDC) has taken this initiative of financially supporting fresh and original project created by its citizens and for this ASFFDC has got financial support from the Assam government to produce films on a public private partnership mode where the ASFFDC would invest 60% while a private producer would invest 40%. The Corporation advertises in newspapers for submission of fresh and original scripts from film director/producer and through a expert committee the best scripts are selected for grant of loan.

Schemes of Financial Assistance from Ministry of Culture, Govt. of India and Sangeet Natak Akademi, New Delhi to Cultural Organizations and Individuals through the Directorate of Cultural Affairs.

  • Financial Assistance for the Preservation and Development of Buddhist/Tibetan Culture and Art.
  • Scheme for Building Grants and Equipment Grant to Cultural Organizations.
  • Financial Assistance to Professional Groups and Individuals for Specified Performing Art Projects.
  • Cultural Function Grants Scheme to Cultural Organization.
  • Financial Assistance to persons distinguished in letters, arts and such other walks of life who may be in indigent circumstances and their dependents. (Central Artist Pension)
  • Award of Senior/Junior Fellowships to outstanding artists in the field of Performing, literary and Plastic Arts.
  • Award of Senior/Junior Fellowships to outstanding Artists in New Areas.
  • Award of Emeritus Fellowships to most eminent artists in the field of Performing, Literary and Visual Arts.
  • Award of Financial Assistance to Cultural Organization with National Presence.
  • Production and Salary Grants to Cultural Organization.
  • Financial Assistance for Repertory Grant under the Performing Arts Grant Scheme
  • Financial Assistance from Sangeet Natak Akademi, New Delhi.

For the above schemes following objective, criteria for grants, Eligibility, purpose and quantum of assistance, Nature of Grants procedure for application, mode and conditions of release of grants, special provision and Instruction for completion and submission of applications for Award of Fellowships etc. may be down load from the following Website.

www.indiaculture.nic.in
www.sangeetnatak.gov.in

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Application Form for Loan3.99 MBswf-image