Online Gaming in India: The first-ever official meeting by a Central ministry has concluded. Few stakeholders of the Indian online gaming industry attended the meeting. Rajeev Chandrasekhar, Union Minister of State for Entrepreneurship, Skill Development, Electronics & Technology had two hours long brainstorming session. This meeting will help the government to understand how they can help the industry grow, expand, and innovate. Let’s check out the key points from the meeting.
Had a 2 hr Brainstorming session @GoI_MeitY with team GoI n young #entrepreneurs in #onlinegaming on how #Govt can help thm grow,expand n innovate. @narendramodi Govt is committed to ensuring tht these #startups hv necessary policy fmwk to be innovators n world leaders. pic.twitter.com/XoK1dkDqv3
— Rajeev Chandrasekhar 🇮🇳 (@Rajeev_GoI) June 7, 2022
Online Gaming in India: MeitY takes the first steps to regulate online gaming industry in India
More than 25 stakeholders from the Indian gaming industry attended the meeting, the first time a Central agency has taken the step to make operators fall in line. Participants who attended the conference said to the media that minister Chandrasekhar was very”patient” and “business-like”.
#Gaming industry is expected to be worth over Rs 150 Bn with great opportunities for entrepreneurship & employment. Here’s a look into what this industry can shape into – yet another sector which will give a fillip to India’s economy. #AatmaNirbharBharat @Rajeev_GoI pic.twitter.com/QCIUvKzjQT
— Ministry of Electronics & IT (@GoI_MeitY) June 7, 2022
Roland Landers, CEO of AIGF, said
The reaction of the Gamers-
Online gaming based on chance would b considered as betting or gambling which is governed under Central Gambling Act of MHA or state law enacted based on gambling act . Without any specific law for game of skill , industry will always have regulatory threat .
— Seirra (@Seirra6878) June 8, 2022
The meeting has been concluded successfully. In recent months, we have seen a huge development from the government and a positive change in attitude towards the video gaming industry. As previously announced in the Union Budget, GoI will be looking forward to grow the gaming and esports sector. Follow Esports and Gaming industry news at InsideSport.IN
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