Telangana Govt Stays Hike In Cinema Ticket Prices

July 01, 2017 12:18
Telangana Govt Stays Hike In Cinema Ticket Prices

Telangana Govt Stays Hike In Cinema Ticket Prices:- In a recent development, the hike in the movie ticket prices across the State, has been stayed by the Telangana Government, which it had increased substantially in orders, issued on June 23.

From several quarters, the move had come in for sharp criticism, not surprisingly. The State Chief Minister Mr. K. Chandrasekhar Rao, on Friday directed the officials to put the order in suspension, until the government assesses the impact of the new Goods and Services Tax (GST) on the film industry.

Minister for cinematography, Talasani Srinivas Yadav, said, “Following the directions given by the Chief Minister, the orders have been kept in abeyance. A meeting will be held by with the representatives of the film industry and exhibitors to discuss the quantum of the hike. We will assess the exact impact of the new tax on the movie business and revise the ticket rates accordingly, since the GST is coming into force from July 1.”

After a 10 day stay in new Delhi, the Chief Minister returned to the city on Thursday night, and reviewed the ticket price issue with officials on Friday.


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