25 Nov 2017
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Cleaning Indian film industry of bad money is needed too, says I&B minister

MUMBAI: The government wants to get rid of black money prevalent in the Indian film industry. Information and Broadcasting Minister M Venkaiah Naidu has called for cleaning of “bad money” from all spheres of life, including cinema.

“I understand there will be bad money everywhere… In every part of the society, in politics, in public life and even in cinema. We need to get rid of it so that we can have peaceful life and we can have a progressive future,” Naidu said while addressing the inaugural function of International Film Festival of India (IFFI).

The obvious reference was to the demonetisation move, initiated by prime minister Narendra Modi. “This cleansing set in motion by Prime Minister (Narendra Modi) should add good to the film industry also. I am happy that the first people to welcome the move of the Prime Minister are from the cinema industry. They have welcomed it,” PTI reported Venkaiah as having said at IFFI.

On 8 November, Modi had announced the decision to demonetise Rs 1,000 and Rs 500 currency notes.