Mit Magzter GOLD unbegrenztes Potenzial nutzen

Mit Magzter GOLD unbegrenztes Potenzial nutzen

Erhalten Sie unbegrenzten Zugriff auf über 9.000 Zeitschriften, Zeitungen und Premium-Artikel für nur

$149.99
 
$74.99/Jahr

Versuchen GOLD - Frei

Gaming ban: A down payment to secure the demographic dividend

Mint Bangalore

|

August 26, 2025

India must protect the financial, mental and physical health of the country's youth from the adverse effects of a deadly troika

- V. ANANTHA NAGESWARAN

Rajagopalachari was, by instinct, a free marketeer. As chief minister of the erstwhile Madras state, he abolished controls on foodgrains as well as public procurement and increased their market availability.

Yet, he braved pouring rain in his old age and went to plead with M. Karunanidhi, who was by then chief minister of the state (renamed Tamil Nadu) not to withdraw the prevailing prohibition on alcohol and arrack sales. This ban had made some parts of the alcohol preparation and sales business go underground. Illicit liquor had emerged and some died chasing it. But the absence of easy and lawful availability was a huge deterrent to consumption.

Given how dirt-poor India was in those days, Rajagopalachari was willing to accept the trade-offs involved in not following market-economy principles in certain areas. India is not dirt-poor anymore. It is a lower middle-income country with aspirations to become developed by 2047. But the trade-offs are still relevant, and they do exist.

Humans often don't contemplate the counterfactual, let alone comprehend it. In the case of India's recent bill on the Promotion and Regulation of Online Gaming that got the approval of Parliament last week, followed by the President's assent, it is easy for many to argue conceptually that the games would go underground, and so would gamers. They may well be right. What they fail to appreciate is the counterfactual scenario: the unbridled growth of gaming in the country and its consequences. Let me provide some orders of magnitude here.

WEITERE GESCHICHTEN VON Mint Bangalore

Mint Bangalore

Tech focus drives Meesho’s IPO prep

lier this month.

time to read

1 mins

November 29, 2025

Mint Bangalore

LIC’s response to voting on RIL, Adani resolutions

A Mint story on Friday reported how Life Insurance Corp. of India Ltd, or LIC, had approved or never opposed resolutions proposed before shareholders of Reliance Industries Ltd (RIL) or any Adani Group company since 1 April 2022, even as it rejected similar proposals at other large companies.

time to read

1 min

November 29, 2025

Mint Bangalore

After a year’s pause, AT-I bonds return with Canara Bank

Canara Bank on Friday raised ₹3,500 crore from an additional tier-1 (AT-I) offer, according to three people aware of the matter.

time to read

1 min

November 29, 2025

Mint Bangalore

Inside Bengaluru's quiet recycling revolution

Stories from the alleys and gullies of India

time to read

4 mins

November 29, 2025

Mint Bangalore

Mint Bangalore

Speciality chemical makers are betting big on pharma

The Street is gravitating toward speciality chemical manufacturers that supply contract development and manufacturing organizations (CDMO) and active pharmaceutical ingredient (API) makers, as uncertainty looms over the chemicals sector.

time to read

1 mins

November 29, 2025

Mint Bangalore

Mint Bangalore

The hero who made the movies larger

There are so many Dharmendras to love. Our tribute to the actor whose casual charm belied his larger-than-life aura

time to read

4 mins

November 29, 2025

Mint Bangalore

Art Deco feels in Indian fashion

The 100-year-old style has inspired design worldwide. Why doesn't it have a big presence in Indian fashion?

time to read

4 mins

November 29, 2025

Mint Bangalore

Indian IT slashes spending on US lobbying on H-1B visa blues

The Indian IT industry has been lowering its lobbying spends in the US in recent years, according to filings made to the US House of Representatives and accessed by Mint.

time to read

1 min

November 29, 2025

Mint Bangalore

Fiscal deficit widens on higher capex, lower tax

India’s fiscal deficit for the April-October period rose on higher capital expenditure and lower net tax revenue.

time to read

1 min

November 29, 2025

Mint Bangalore

Mint Bangalore

Recreating Dharmendra's timeless style

The late movie superstar was the definition of what it means to have a strong personal style

time to read

1 min

November 29, 2025

Listen

Translate

Share

-
+

Change font size