While the middle income group is happy with the new budget for the year 2017-18, some people expressed their displeasure. In the Union Budget 2017, Finance Minister Arun Jaitely focused on revival of the rural sector, lowering of income tax for the middle class and promotion of the digital economy. Among the groups criticizing the new budget, one is Bollywood fraternity.
With no concession on the heavy taxation and aid to the entertainment industry, members of the Bollywood fraternity felt that it has been sidelined once again. Being one of the biggest revenue and job generating industries, members of the film industry expected some positive changes, but when the Finance Minister didn’t even mention Bollywood in his budget, members felt bad.
While some of the members of Bollywood industry shared their displeasure with the press others chose the micro blogging website Twitter to share their opinion.
Feeling bad for getting sidelined in the budget, film producer Mukesh Bhatt said, “The Finance Minister did not even mention the film industry in his budget. They feel like we do not exist. They didn’t even touch upon piracy which is impacting us in such a big way and also in turn affecting the government’s revenue. We are saddened!”
Questioning the role of film industry’s members participating in the parliament, filmmaker Kunal Kohli said, “I feel members of the film fraternity, who are in the government, should be representing us and they need to put our point across to the government for them to look at. The film industry is in the limelight and is a great source of providing revenue and generating jobs.”
Though most of the members in the industry didn’t find the Union Budget 2017 so impressive, some members like Vishal Dadlani Kailash Kher and Vivek Oberoi praised the budget for the provisions made on other important matters like upliftment of rural sector, telemedicine initiative ‘DigiGaon’ and increment in the allowance from Rs 38,500 crore to Rs 48,000 crore towards Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) scheme.
Check some of the tweets made by Bollywood fraternity on the budget for 2017-18.
Singer/composer Vishal Dadlani posted a series of tweets talking about the transparency in political funding.
While tweeting about the budget, the singer praised ‘DigiGaon’ initiative in the budget and talked about the education.
#DigiGaon will be launched to promote tele-medicine N education is welcome move.Hope this budget benefits larger lot for a greater tomorrow
— Kailash Kher (@Kailashkher) February 1, 2017
Randeep Hood praised the Finance Minister for increasing the allowance for farmers in MGNREGA scheme.
👏👏👏👏👏👏 Only when agriculture and villages improved can an agrarian nation come up.. https://t.co/FQXnLB3A8N
— Randeep Hooda (@RandeepHooda) February 1, 2017
Vivek Oberoi just retweeted a post from BJP with a caption “Impressive Achievements” and hashtag #JaiHind.
— Vivek Anand Oberoi (@vivekoberoi) February 1, 2017
Siddharth Roy Kapoor, who is a Bollywood film producer took the budget in positive way and felt happy that no increment was in service tax. In a statement during an interview with a leading newspaper, he said, “The budget does not mention any specific focus or incentives for the growth of the film sector, which in my opinion was long overdue. However, the film industry is relieved that service tax, which was already on the higher side, has not been touched for the interim period in view of the introduction of Goods and Services Tax (GST) in the coming financial year. We now hope that the film sector will be fairly taxed under the GST regime.”