Government Aims to Boost AVGC Sector: Plans to Enhance Incentives and Promote Original IPs, says I&B Secretary Apurva Chandra at CII

To strengthen the growth of the Animation, Visual Effects, Gaming, and Comics (AVGC) sector and its ecosystem, the government is considering raising the quantum of incentives offered under the Incentive Scheme for Audio-Visual Co-production and Shooting of Foreign Films in India, said Apurva Chandra, Secretary, Information and Broadcasting.

Cost of subsidy

Media reports over the past week have quoted Karnataka’s Deputy Chief Minister DK Shivakumar as having said he lacks funds to pursue development projects after the state government fulfilled the Congress party’s five poll promises which are thought to have been instrumental in helping it to a famous victory in the Assembly election.