Cabinet gives nod to merger of four film media units with NFDC

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  Cabinet gives nod to merger of four film media units with NFDC

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Highlights –

1. The Union Cabinet has approved the merger of four government film media units with the NFDC with an aim of converging activities and resources and better coordination to ensure synergy and efficiency in achieving the mandate of the bodies.
2. As per the reports, the Films Division, the Directorate of Film Festivals, the National Film Archives of India and the Children's Film Society, India will be merged with the National Film Development Corporation Limited by expanding the memorandum of articles of association of the NFDC, which will then carry out all the activities performed by the four organisations.
3. The Cabinet has also approved the appointment of a "transaction advisor" and a "legal advisor" to advise on the transfer of assets and employees and oversee all aspects of the operationalisation of the merger.
4. As an umbrella organisation, the NFDC, after the merger of the film media units, will be uniquely placed with regard to promotion, production and preservation of filmic content -- all under one management.
5. The vision of the new entity will be to ensure a balanced and focussed development of Indian cinema in all its genres.

Important details – 

1. The Films Division, a subordinate office of the Ministry of Information and Broadcasting, was established in 1948, primarily to produce documentaries and news magazines for the publicity of government programmes and cinematic record of Indian history.
2. The Children's Film Society, an autonomous organisation, was founded in 1955 under the Societies Act with the specific objective of providing children and young people value-based entertainment through the medium of films.
3. The National Film Archives of India, a subordinate office of the information and broadcasting ministry, was established as a media unit in 1964 with the primary objective of acquiring and preserving Indian cinematic heritage.
4. The Directorate of Film Festivals, as an attached office of the information and broadcasting ministry, was set up in 1973 to promote Indian films and cultural exchange.
5. The NFDC is a Central Public Sector Undertaking (CPSU), incorporated in 1975 with the primary object of planning and promoting an organised, efficient and integrated development of the Indian film industry.

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