The government has announced the merging of all film organisations under the National Film Development Corporation.
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The Ministry of Information and Broadcasting has announced the merging of four film media entities with the National Film Development Corporation, comprising the Films Division, Directorate of Film Festivals, National Film Archive of India, and Children's Film Society of India. The decision is consistent with the expert group chaired by Bimal Julka's (2020) report on the rationalisation, closure, and merging of film media entities. The National Film Development Corporation (NFDC) is a Public Sector Undertaking (PSU) under the Ministry of Information and Broadcasting that was founded in 1975 with the goal of promoting and organising an integrated development of the Indian Film Industry and fostering excellence in cinema. It is now led by Ravinder Bhakar, who also serves as the chief executive officer of the Central Board of Film Certification.
India is the world's largest producer of films, with a private-sector-led industry that produces over 3000 films per year. In the fiscal year 2020, the film industry in India was worth approximately 183 billion Indian rupees.
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