FILM INDUSTRY BID TO TACKLE PIRACY

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The reverberations of piracy have been felt even outside the industry though
the menace was deliberated upon at the 34th International Film Festival
(IFFI). Film industry sources estimate a loss of Rs 2,000 crore every year
due to piracy in India, and another Rs 700 crore as losses that the music
industry suffers annually. While Information and Broadcasting Minister Ravi
Shankar Prasad has asked filmmaker Subhash Ghai to prepare a preliminary
note on piracy, FICCI unleashed its multi-pronged campaign to tackle piracy.

NASSCOM, Business for Software Alliance (BSA), Indian Music Industry, Film
Producers Guild of India and Indian Pharmaceutical Alliance (IPA) have come
together under FICCI to form a national intellectual property right
taskforce to initiate a campaign against piracy, involving the judiciary and
the bureaucracy. 

Source:
http://ww.smashits.com/index.cfm?Page=Reviews&Subpage=bigarticle&ID=2992