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Andhra Pradesh Cabinet offers sops to cine theatres


Andhra Pradesh Cabinet offers sops to cine theatres
DECCAN CHRONICLE.
Updated Dec 19, 2020, 1:37 am IST
Through this package, A and B class theatres can avail working capital loans of Rs. 10 lakh while C class can get Rs. 5 lakh
 The government has decided to waive fixed power charges of theaters for three months (April, May, and June).
VIJAYAWADA:  A meeting of the Andhra Pradesh Cabinet, presided over by Chief Minister Y. S. Jagan Mohan Reddy, has approved a package for restarting the film industry.
Disclosing details about cabinet decisions, information minister Perni Venkataramaiah alias Nani said many theaters closed in March are yet to reopen. Hence, the government has decided to waive fixed power charges of theaters for three months (April, May, and June). Further, payments for six months have been postponed for multiplexes and other theaters. This would benefit 1,100 theaters across the state. ....

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