What is the contribution of Indian Film industries towards Indian economy? | Candider
What is the contribution of Indian Film industries towards Indian economy?
27th Feb 2020 7:49 pm
The following result is obtained by our Internet Research Algorithm:
Bollywood’s entertainment is a huge topic and related to it is its contribution to the nation’s economy. Recent news says that it contributes 50, 000 crores for the welfare and benefit of the nation.
When talking about the plurals, we cannot just ignore the singular pillars. The actors, the more they succeed, the more they pay taxes which indirectly add to the growth of Indian economy. The amount leads to 0.5% of GDP in 2013. The report was made by the financial services of Deloitte and titled under “Economic Contribution of the Indian Motion Picture and Television Industry”. Bollywood also supports around 20 lakh people by providing jobs to them. India’s entire media and entertainment (M&E) industry represents under 1% of its GDP.