Prakash Magdum Appointed Managing Director of NFDC
| Key Aspect | Details |
|---|---|
| Appointment Date | May 5, 2025 |
| Name | Shri Prakash Magdum |
| Batch | 1999-batch Indian Information Service (IIS) officer |
| New Role | Managing Director of National Film Development Corporation (NFDC) |
| Prior Roles | - Additional Director General, Press Information Bureau (PIB) & Central Bureau of Communication (CBC), Ahmedabad <br> - Director, National Film Archive of India (NFAI), Pune <br> - Registrar, Film and Television Institute of India (FTII) <br> - Spokesperson, Ministry of Defence, Thiruvananthapuram |
| Key Contributions at NFAI | - Execution of the National Film Heritage Mission (NFHM) <br> - Preservation and digitization of vintage Indian films <br> - Restoration of classic cinema <br> - Modernization of archival facilities |
| About NFDC | - Established: 1975 (formerly Film Finance Corporation, established 1964) <br> - Purpose: Promote Indian cinema, especially regional and parallel cinema <br> - Headquarters: Mumbai, Maharashtra <br> - Key Functions: Financing films, facilitating co-productions, organizing international film festivals and markets (e.g., Film Bazaar), promoting Indian films globally |
| Significance | Shri Magdum's archival and institutional experience is expected to boost NFDC's cultural outreach, enhance film restoration, strengthen India's global cinematic presence, and align with India's soft power diplomacy through cinema. |