Rs. 37 Crore allocated for "Scheme of Financial Assistance for Creation of Cultural Infrastructure" for 2018-19: Culture Minister

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Capital Market
Last Updated : Mar 19 2018 | 7:50 PM IST
Proposed Budgetary allocation in 2018-2019 for Scheme of Financial Assistance for Creation of Cultural Infrastructure is Rs 3700 lakh.

The Scheme has the following two components:-

Component-I : Financial Assistance for Building Grants including Studio Theatres.

Component-II : Financial Assistance for Tagore Cultural Complexes (TCC).

During financial year 2017-2018, as on 14-03-2018, total of Rs.2.34 crores have been utilized under both the scheme components.

All applications received under the Scheme have been processed as per guidelines of the scheme and no application is lying unattended.

Central financial assistance under the Scheme is provided to reputed not-for-profit cultural organizations, State Governments/Union Territories, Central/State Govt. agencies/bodies, State Governments/Union Territories, Central/State Govt. agencies/bodies, Universities, Municipal Corporations etc. for creation of appropriately equipped training, rehearsal & performance spaces, various cultural spaces, studio theatres, Tagore Cultural Complexes etc. for artistes to propagate, disseminate arts and culture and foster multi-dimensional interest in creativity and cultural expressions in the country.

The implementing agency of the projects under the Scheme at State/UT level is State Govt./UT Administration or the applicant not-for-profit cultural organizations etc.

Ministry of Culture releases the grant to eligible projects recommended by the Expert Committee constituted under the Scheme.

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First Published: Mar 19 2018 | 6:00 PM IST

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