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Industry faces financial crunch

TFI
The Telugu Film Industry is in the throes of a severe financial crunch. With elections round the corner, financiers and politicians have pulled out most of the money from the Industry and this has led to a huge financial vacuum.

Many big budget films are struggling to raise finances. While the presence of top stars is usually enough to secure finances for a film, even those films are now being affected big time. The upcoming general elections are crucial for all political parties and some of them are spending a huge amount this time.

It is a known secret that many politicians lend money to film producers at nominal interest. Trade analysts expect shooting disruptions until the elections are over for some films.

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