Fading fortunes of India’s Bollywood in streaming era spark political debate

Jaya Bachchan criticized Finance Minister Nirmala Sitharaman for neglecting Bollywood in the federal budget debate, citing the closure of single-screen theaters and high costs deterring audiences. Sitharaman defended the government’s stance by pointing out the lack of entertainment tax under GST and highlighting past mistreatment of Bollywood legends by previous Congress-led governments. The debate reflects the ongoing struggle of Bollywood in the streaming era and the industry’s perceived lack of financial support from the Indian government.

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