NTB dismisses reports of spending Rs 1 billion for IIFA Awards

Posted 3 weeks ago by Sandeep Bhattarai

IIFA Awards

The Nepal Tourism Board (NTB) on Sunday specified that no conclusion has been reached so far to allocate budget for the International Indian Film Academy (IIFA) Awards, 2019 scheduled to take place in Nepal in the last week of coming August amidst criticism of the government’s decision to set aside a huge amount of budget for the show.

Reports have said the government was spending Rs 1 billion for the event.Organising a press conference here, the NTB also stated that expenditures for the show would not be from the state coffer. It also dismissed media reports of extravagantly spending budget for the event, saying details of total expenditures have not been determined yet as preparations were underway in this regard.

It has also expressed its concern with criticism flooding social media about the issue of spending huge amounts of money for the IIFA Awards.

The organisers had estimated approximately Rs 1.5 billion for the event, and it had also proposed around Rs 400 or Rs 500 million in cash and logistics help from Nepal. But Nepal government is yet to take a decision on this request, said Dipak Raj Joshi, Chief Executive Officer of the NTB.

“The organisers had proposed Rs 400 million in cash and two ways airfare, hotel accommodation, local transportation and security for those from Indian participating in the show from Nepal. We are discussing this proposal,” he said. “The reports of Nepal spending Rs 1 billion are not true as appeared in the media.” A 17-member committee led by Minister for Tourism has been formed for the event. The NTC is member secretary of the team.

Recently a Cabinet meeting had decided to host the show to be coordinated by the NTB and co-organised by the Kathmandu Metropolitan City. The Metropolitan City, the NTB, private organisations, the Federation of Nepalese Chamber of Commerce and Industries, the Confederation of Nepalese Industries Confederation, the Hotel Association Nepal among others will jointly bear the expenditures for the event, said Joshi.

According to a preliminary decision, the venue for the show is the sport ground in the premises of Nepal Army headquarter, but the venue could be changed as per convenience, he said.

You can also download our Android App And iOS App . We are also in social network Facebook and Twitter

More News