Andhra Assembly passes Bill for online sale of movie tickets


Amaravati, Nov 24 | The Andhra Pradesh Assembly on Wednesday passed the AP Cinemas (Regulation) (Amendment) Bill 2021, paving the way for an online movie ticketing system to be administered by the state government.

The government said the amendment would help the government regulate cinema ticket pricing and check exploitation of moviegoers.

Transport Minister Perni Venkataramaiah, who tabled the Bill on behalf of Chief Minister Y.S. Jagan Mohan Reddy, said that the government brought the amendment to regulate ticket pricing and stop the exploitation of middle-class people by some exhibitors. He cited the current scenario of irregular ticket pricing, number of screenings, unauthorised shows, and even large gaps between the taxes and film collections.

In order to regulate these, the government has decided to introduce a transparent online ticketing system, on the lines of Andhra Pradesh State Road Transport Corporation (APSRTC), and the Indian Railways online ticketing system, to keep a check on tax evasions, and enhance the movie theatre experience in the state, he said.

The proposed online ticketing system will enable the public to book tickets through mobile phones without queuing up at theatres or burning their pockets by buying tickets in black, he said.

The minister said that all stakeholders like producers, distributors, and exhibitors have welcomed the decision but a few political parties are still politicising the matter, although they were not related to the issue. He stated the online booking system will be maintained by the Film Development Corporation (FDC) with a dedicated payment gateway to stop the tax evasion and enable the Revenue Department to collect taxes on time, without any irregularities.

Later, presenting the AP Motor Vehicles Taxation (Amendment) Bill 2021, the Minister said that the amendment is part of the Centre’s recommendation of Green Tax to save the environment from carbon emissions. In the case of transport vehicles that are 7 to 10 years from the time of the registration green tax of Rs 4,000, which is half of the quarterly tax per annum and similarly if the age is 10 to 12 years, Rs 5,000 per annum and if the vehicle is more than 12 years, Rs 6,000 per annum will be levied.

Also, along with green tax, there is an increase of tax on new vehicles which is one per cent on the vehicles that cost below Rs 5 lakh and three per cent on those vehicles that cost between Rs 10-20 lakh, and on the luxury vehicles that cost more than Rs 20 lakh, a total of 18 per cent tax will be imposed.

Source: IANS

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Does MBA really help in getting a better job offer ?

Does MBA really help in getting a better job offer ?

Most students pursuing an MBA come with the sole objective of having a decent job offer or a promotion in the existing job soon after completion of the MBA. And most of them take loans to pursue this career dream. According to a recent survey by education portal  74% MBA 2022-24 aspirants said they would opt for education loans.

There are exceptional cases like those seeking master’s degree or may have a family business to take care of or an entrepreneurial venture in mind. But the exception cases are barely 1%. For the rest 99%, a management degree is a ticket to a dream job through campus placements or leap towards career enhancements. Stakes are high as many of them quit their jobs which essentially means loss of 2 years of income, apprehension and uncertainty of the job market. On top of that, the pressure to pay back the education loans. Hence the returns have to be high. There is more than just the management degree. Colleges need to ensure that they offer quality management education which enables them to be prepared for not just the demands of recruiters and for a decent job but also to sustain and achieve, all along their career path.

  • So, what exactly are the B Schools doing to prepare their students for the job market and make them industry ready ?
  •  Are B schools ready to deliver and prepare the future business leaders to cope up with the disrupted market ?  

These are the two key questions every MBA aspirant needs to ask, check and validate before filling the MBA application forms of management institutes. And worth mentioning that these application forms do not come cheap. An MBA aspirant who may have shortlisted 5 B Schools to apply for, may end up spending Rs 10,000.00 to Rs 15,000.00 just buying MBA / PGDM application forms.

While internship and placements data of some management institutes clearly indicates that recruiters today have specific demands. The skill sets looked for are job centric and industry oriented. MBA schools which have adopted new models of delivery and technology, redesigned their courses, built an effective evaluation process and prepared the students to cope with the dynamic business scenario, have done great with campus placements despite the economic slow down.

However, the skill set being looked for by a consulting company like Deloitte or KPMG may be quite different from FMCG or a manufacturing sector. Institutes need to acknowledge this fact and act accordingly.

  • Management institutes should ensure that students are intellectually engaged, self motivated and adapt to changes fast. In one word ‘VUCA ready’.
  • B Schools should encourage students to participate in national and international competitive events, simulations of business scenarios.
  • Institutes should have the right mix of faculty members with industry exposure and pure academics.

The placement records of 2021 across top management institutes indicated the fact that recruitment is happening, skilled talent is in demand and certain management institutions continued to attract recruiters even in the middle of an ongoing crisis.

It is time, all management institutes rise to the occasion, understand market realities and identify areas of improvement at both ends – students and faculty.

After all, the stakes are high at both ends. B Schools taking corrective measures will stay while those which are lagging will end up shutting down.

Author Name : Nirmalya Pal


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