Union budget disappoints Bollywood as Arun Jaitley gives film fraternity a miss
Friday, February 3, 2017, 6:00 PM
The film fraternity was disappointed by the Union Budget 2017-2018 as the sector, formally granted industry status as far back as 1998, found no mention. “We shouldn’t be really surprised or complaining though,” said Atul Mohan, editor of trade magazine Complete Cinema. Bollywood’s box-office collections in India had dropped by 10-15% in 2016 as compared to those of 2015.