MUMBAI, May 16:
The Indian Performing Right Society (IPRS) has announced the release of an additional tranche of emergency relief fund for its members facing financial crisis during the nationwide lockdown amid coronavirus pandemic.
The fund will support around 3500 writers and composers in the music fraternity, across the country, whose livelihoods have been deeply impacted by COVID-19, a press release issued by IPRS said. Soon after the lockdown was announced to combat COVID-19 situation in the country on March 24, IPRS, a copyright society mandated by the government of India, as a custodian of its creator members, had declared an emergency relief package.
“When the lock down was announced IPRS (Indian performing rights society) had funded more than 3000 members who are not in a comfortable position by putting money directly in their accounts since the lock down has continued IPRS is again funding those 30000 composers/ writers,” veteran lyricist-writer and chairman of IPRS, Javed Akhtar wrote on Twitter.
In a statement, Akhtar said IPRS was established with the objective of helping the creative music fraternity grow and flourish and now the community is in dire need because of these unprecedented times.
“Our initial financial assistance package in April 2020 brought much needed relief to the community and we hope the additional money that is being released now will help again to provide necessary respite at this moment,” he added. (PTI)
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