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.
Until now, units operating even in recognised industrial areas needed a separate factory licence. The move is expected to especially give a boost to small and medium enterprises.
As Narendra Modi becomes India’s second-longest consecutively serving Prime Minister, we look at how he compares with Indira Gandhi across four key dimensions.
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