Draft rules released Monday also ban betting advertisements. Govt will now hold 'extensive consultations' with gamers, startups, investors & think tanks before rules are finalised.
Online gaming grew 28% to reach approximately US$1.3 billion in India in 2021, compared to US$906 million in 2019. Industry is hopeful of growth in revenues as well as jobs.
Initial talks held on the possibility of India entering the programme that was started in 2017 between France, Germany and Spain to ensure European sovereignty in defence and security.
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