What you get
A maximum project cost of ₹1.5 Crores for a 100-seater cinema theatre and INR 3 Crores for a 200-seater cinema theatre will be accepted under this scheme.
Who can apply
Required Paperwork
- Aadhaar Card
- PAN Card
- Income Certificate
- Residence Proof (Domicile)
Common Questions
What is the objective of the scheme?
The scheme aims to promote entrepreneurship, generate employment for the youth of Meghalaya, and preserve the cultural heritage of the state through film and cinema.
What is the age requirement for individual applicants?
Individual applicants must be between 18 and 58 years of age to be eligible for the scheme.
Do applicants need to be residents of Meghalaya?
Yes, individual applicants must be permanent residents of Meghalaya to qualify for the scheme.
Is land ownership required to apply for the scheme?
Yes, applicants must either own the land on which the cinema theatre is proposed or have valid leased land verified by the competent authority.
Can registered entities apply for the scheme?
Yes, registered entities can apply if they possess land (owned or leased) and meet the other eligibility conditions set under the scheme.
Are credit defaulters eligible to apply?
No, applicants must not be credit defaulters of any bank in order to be eligible for the scheme.
What is the maximum project cost supported under the scheme?
The scheme supports a maximum project cost of ₹1.5 Crores for a 100-seater cinema theatre and ₹3 Crores for a 200-seater cinema theatre.
Does the scheme support the upgradation of existing cinema theatres?
Yes, the scheme provides financial assistance for both establishing new cinema theatres and upgrading existing ones.
How will the scheme benefit the youth of Meghalaya?
The scheme encourages entrepreneurship among youth and creates employment opportunities through the development and operation of cinema theatres and related services.