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Before the Finance Minister Nirmala Sitharaman presents the Union Budget in the Parliament on February 1, 2021.
Here’s what the Online Gaming Industry sector expects from Finance Minister Nirmala Sitharaman:
Mr. Vivek Singh, Co-founder, Stick Pool Club:
“We have witnessed an unprecedented boom in the online gaming industry especially during the year 2020, with the things turning digital during the COVID times, online gaming is now cutting across age and socio-economic groups. We have seen a tremendous rise in the number of gaming operators & gamers in the country.
We expect that the Government must try and focus on this industry with proper regulations as and when required to protect users’ interests meanwhile keeping in mind the individual freedom of choice.
The State Governments have specific regulations that vary on a state-to-state basis, the Centre must try and ensure fairness and transparency in the principles of online gaming.
In terms of rules and regulations for online gaming in India, we believe that a self-regulatory body may be set up on the principles of fairness, transparency, equity, and independence, so it can help motivate further innovation and ensure a level-playing field for all platforms.”