NFDC PRESENTS DIVIDEND CHEQUE TO I&B MINISTER

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The National Film Development Corporation under the Ministry of Information and Broadcasting, has earned a profit of over Rs 4 crores during the year 2002-2003. The Managing Director of NFDC, Shri Dipankar Mukhopadhaya presented a cheque of Rs 72,63,310 as dividend to the Minister of Information and Broadcasting Shri Ravi Shankar Prasad, here today. He said, this is Rs 7 lakhs more than the last year.

The Minister commended the NFDC for its performance and expressed happiness that even the Disinvestment Commission has acknowledged the good work being done by the Corporation. The Commission has recommended that NFDC, which is promoting creative film production may not be disinvested.

Shri Prasad asked the NFDC Managing Director to project good films abroad and send them to the international film festivals where Indian films are being increasingly appreciated.