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No use of black money in Indian film industry, claims Rajyavardhan Rathore

Currently reading: No use of black money in Indian film industry, claims Rajyavardhan Rathore
India TV Business Desk, Panaji [Published on:28 Nov 2016, 17:04:52]

Defying the existing notion regarding the Hindi film industry, Union Minister of State for Information and Broadcasting Rajyavardhan Rathore today said that contrary to black money being pumped into the film industry in yesteryears, there was no black money being used in films today.

"The film industry has been transacting through cheques and money loaned from banks. We used to earlier hear that the black money is pumped in the film industry.

"I don't think in this age there is any black money used in the film industry. There will be transparency in the film funding due to which good films will get the support," Rathore said talking to the reporters on the sidelines of ongoing International Film Festival of India (IFFI) in Goa.

"It is a team effort when film is produced. Right from the spot boy to the film star, everyone works. If money is transferred in their account directly then they will get the exact rates, specially for those working at lower rung. The industry will get the support due to demonetisation," he said.

Claiming that there are a lot of benefits associated with demonetisation and economic reforms that are being injected by the Modi led government, Rathore said certain section of people who were running parallel economy have now vanished.

"There will be impact of demonetisation on terrorism, theft, dacoity, use of drugs, crime rate.. everything will be decreased once economy becomes cashless, everything is interlinked," he added.

File Photo of Rajyavardhan Rathore- India Tv
File Photo of Rajyavardhan Rathore