Intentar ORO - Gratis
Gaming ban: A down payment to secure the demographic dividend
Mint Kolkata
|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
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.
Esta historia es de la edición August 26, 2025 de Mint Kolkata.
Suscríbete a Magzter GOLD para acceder a miles de historias premium seleccionadas y a más de 9000 revistas y periódicos.
¿Ya eres suscriptor? Iniciar sesión
MÁS HISTORIAS DE Mint Kolkata
Mint Kolkata
The beauty and sadness of living in the hills
In ‘Called by the Hills’, her first book-length non-fiction work, Anuradha Roy pays a literary and painterly tribute to her home in the Himalayas
5 mins
November 29, 2025
Mint Kolkata
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.
1 min
November 29, 2025
Mint Kolkata
Inside Bengaluru’s quiet recycling revolution
Stories from the alleys and gullies of India
5 mins
November 29, 2025
Mint Kolkata
'The Family Man' S3: Agent down
The new season of the popular spy thriller series starring Manoj Bajpayee feels like a hedged bet
4 mins
November 29, 2025
Mint Kolkata
Equity treatment for Reits from 1 Jan
From 1 January 2026, any money put into Reits (real estate investment funds) by mutual funds and specialized investment funds (SIFs) will be treated as equity-linked investments.
1 min
November 29, 2025
Mint Kolkata
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?
4 mins
November 29, 2025
Mint Kolkata
Women as custodians of Monpa heritage
The Monpa community in western Arunachal Pradesh is reviving its craft traditions and ploughing the surplus income into wildlife, habitat and heritage conservation
6 mins
November 29, 2025
Mint Kolkata
Chill! Gen Z and Alpha haven't ruined language
Internet slang is redefining the rules of emotionally engaged communication but every generation has its own speaking shortcuts
7 mins
November 29, 2025
Mint Kolkata
After a year’s pause, AT-1 bonds return with Canara Bank
Canara Bank on Friday raised 13,500 crore from an additional tier-1 (AT-I) offer, according to three people aware of the matter.
1 min
November 29, 2025
Mint Kolkata
Q2 GDP surprises at 8.2% growth, rate cut unlikely
review has certainly eased, notwithstanding the series-low CPI inflation print for October 2025,” said Aditi Nayar, chief economist at Icra.
1 mins
November 29, 2025
Listen
Translate
Change font size

