Lucknow, October 1 : In a significant move, the Yogi Cabinet has approved a key proposal to reopen closed cinema halls across the state. Additionally, the Cabinet has endorsed the Integrated Incentive Scheme to promote the construction of multiplexes in districts lacking the facility, as well as to encourage the development of single-screen cinema halls and the modernization of operational ones. This scheme will remain in effect for five years.

Proposed grant will be given from SGST-

State Finance and Parliamentary Affairs Minister Suresh Khanna informed that the Integrated Incentive Scheme is being implemented for the reconstruction/remodeling of closed single-screen cinema halls and operational ones, as well as for the construction of multiplexes and the upgrade of cinema halls in districts without multiplexes. The proposed grant will be given from the SGST deposited in the treasury by the cinema halls/multiplexes, ensuring no additional financial burden on the state government.

The following seven grants will be provided:

1. 100% of the SGST collected for the first 3 years and 75% of the SGST collected for the next 2 years for building a commercial complex and modern cinema by demolishing a closed or operating cinema within 5 years from the date of issuance of the scheme.

2. 75% of the SGST collected for the first 3 years and 50% of the SGST collected for the next 2 years for re-operating a closed or operational cinema building by making changes in its internal structure within 5 years from the date of issuance of the scheme or for increasing the number of screens.

3. 50% of the SGST collected for the first 3 years for re-opening a closed single-screen cinema hall by obtaining a license from the District Magistrate by 31 March 31, 2025 without making any changes in its internal structure.

4. For constructing a single-screen cinema hall with a minimum seating capacity of 75, with or without commercial activities, 100% of the SGST collected for the first 3 years and 50% of the SGST collected for the next 2 years.

5. In districts where no multiplex is built/operated, 100% of the SGST collected for 5 years for opening a multiplex.

6. In districts where multiplex is built/operated, 100% of the SGST collected for the first 3 years and 50% of the SGST collected for the next 2 years for construction of a new multiplex.

7. For upgradation of cinema hall/multiplex, an amount equivalent to the SGST collected will be admissible up to the limit of 50% of the actual amount invested.