CBFC earnings cross Rs 15-crore mark in 2023-24
The board has come a long way from pandemic-stricken FY 2020-21 when it earned Rs 8.40 crore, underscoring the industry's resilience and the public's renewed interest in cinematic experiences
production ground to a halt, leading to a noticeable decline in film certifications.
As the film industry rebounds, so does its economic significance.
The Central Board of Film Certification (CBFC) has experienced a substantial increase in revenue generated from certification fees. In FY 2023-24, the board reported earnings of Rs 15.30 crore, marking an impressive rise of over 80% compared to the Rs 8.40 crore collected in the pandemic-stricken FY 2020-21.
According to the FY23-24 annual report of the Ministry of Information and Broadcasting (MIB), the revenue jumped notably from FY 2020-21 to FY 2021-22, reaching around Rs 12.21 crore, and continued its upward trend in FY 2022-23 with earnings of Rs 14.95 crore. This financial resurgence underscores the industry's resilience and the public's renewed interest in cinematic experiences.
In the financial year (FY) 2023-24, the CBFC issued a total of 17,431 certificates.
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