Self-regulation in online gaming remains stalled more than four months after the plan was floated as the industry continues to be a divided house, three industry officials said, even as the government worries whether some entities may exert undue influence over the regulating entities.
On 6 April, the ministry of electronics and information technology (Meity) moved to create a framework of self-regulatory organizations (SROs), which will act against gambling apps and betting apps offering real-money games. Rajeev Chandrasekhar, Union minister of state for electronics and IT, said it will start off with three such bodies, with scope for more to follow. Games that do not involve monetary transactions need not be certified by SROs.
Two of the three people cited above said one of the aspirants is the All-India Gaming Regulator (AIGR) Foundation. Registrar of Companies data shows gaming industry veteran Gaurav Gaggar listed as a member of the AIGR Foundation, incorporated on 31 July. One of them said retired cricketer Virender Sehwag will also be part of this body. Neither Gaggar nor Sehwag responded to emailed queries from Mint until press time.
Bu hikaye Mint Mumbai dergisinin September 05, 2023 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye Mint Mumbai dergisinin September 05, 2023 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
India in economic sweet spot, inflation to moderate: Moody's
India's economy is in a sweet spot and its inflation is expected to moderate despite a temporary spurt, Moody's said, projecting optimism about the country's growth prospects despite recent underwhelming data.
Incentive engine to drive modern ships
Subsidies for green, high-tech ships under ₹18,000 cr policy
Cement firms wage war on costs as competition soars
India's cement makers who once flexed their pricing muscles are caught in a bruising price war, eroding margins at a time of rising demand.
Saudi Arabia doesn’t have enough money for its futuristic city
The giant futuristic planned city of Neom is proving a headache for Saudi Arabia. Costs are up, schedules are delayed, and in recent days the world’s largest construction project replaced its chief executive of six years.
EV adoption is a marathon, not a sprint: Audi India
The slowdown in electric vehicle (EV) sales is temporary, and the industry will grow over time, Audi India head Balbir Singh Dhillon said, pointing to the need for extensive charging networks and supportive government policies.
India's trade gap with China soars in Apr-Oct
The country's green transition increases reliance on Chinese imports
14 nations eye India's generic drug model
Countries will specify their requirements, with HLL and MEA coordinating with them for the pharma exports
India urges $1.3 tn annual climate grant
Intervening on behalf of like-minded developing countries (LMDCs), India said that developed countries need to commit to provide and mobilise at least $1.3 trillion every year in the New Collective Quantified Goal (NCQG) till 2030.
Over 600 mn cyberattacks daily, AI can secure devices
Microsoft is developing a password-free authentication process to eliminate the risk of breaches
Small businesses ramping up cybersecurity, thanks to AI
Rising AI adoption is helping cybersecurity providers hike their marketable base in India
