Nepal Tourism Board Eliminates Reports of Investing Rs 1 Billion for IIFA Honors

Nepal Tourism Board Eliminates Reports of Investing Rs 1 Billion for IIFA Honors
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The Nepal Tourism Board (NTB) on Sunday specific that no conclusion continues to be reached so far to spend budget for the International Indian Film Academy (IIFA) Awards, 2019 scheduled to take place in Nepal recently week of coming August amidst criticism of the government’s choice to set aside a huge amount of budget for the program . Reports have stated the government was spending Rs 1 billion for the event.

Arranging a press conference here, the NTB also stated that expenses for the show would not be from the state coffer. This also dismissed media reports of extravagantly spending for the event, saying details of total expenses have not been determined yet as preparations were underway in this regard. It has also stated its concern with criticism flooding social media about the problem of spending a large amount of money for the IIFA Awards.

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

“The organizers had offered 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 offer,” 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 continues to be formed for the show. The NTC is the member secretary of the team.

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

Based on a preliminary decision, the venue for the show is the sports ground in the premises of Nepal Army headquarter, but the place could be changed as per convenience, he said.

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