Vuélvete ilimitado con Magzter GOLD

Vuélvete ilimitado con Magzter GOLD

Obtenga acceso ilimitado a más de 9000 revistas, periódicos e historias Premium por solo

$149.99
 
$74.99/Año

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

- 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.

MÁS HISTORIAS DE Mint Kolkata

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

time to read

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.

time to read

1 min

November 29, 2025

Mint Kolkata

Mint Kolkata

Inside Bengaluru’s quiet recycling revolution

Stories from the alleys and gullies of India

time to read

5 mins

November 29, 2025

Mint Kolkata

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

time to read

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.

time to read

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?

time to read

4 mins

November 29, 2025

Mint Kolkata

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

time to read

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

time to read

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.

time to read

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.

time to read

1 mins

November 29, 2025

Listen

Translate

Share

-
+

Change font size