Online gaming task force may establish spending limits in the framework

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An inter-ministerial group tasked with developing a framework to regulate online gaming is likely to introduce rules governing the amount of money individual players spend in a game. According to ET, the task force established by the Ministry of Electronics and Information Technology (Meity) could also set a daily limit on the amount of money spent by players on in-game purchases. The central idea is to ensure “consumer and gamer protection.”

They expect the draftt regulations to be finalised within the next month and then released for public comment. Members of the Niti Aayog, as well as secretaries from the Ministries of Home Affairs, Revenue, Promotion of Industry and Internal Trade, Information and Broadcasting, and the Meity secretary, comprise the seven-member inter-ministerial task force, which was formed in May.

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Online gaming task force may establish spending limits in the framework

An inter-ministerial group tasked with developing a framework to regulate online gaming is likely to introduce rules governing the amount of money individual players spend in a game. According to ET, the task force established by the Ministry of Electronics and Information Technology (Meity) could also set a daily limit on the amount of money spent by players on in-game purchases. The central idea is to ensure “consumer and gamer protection.”

They expect the draftt regulations to be finalised within the next month and then released for public comment. Members of the Niti Aayog, as well as secretaries from the Ministries of Home Affairs, Revenue, Promotion of Industry and Internal Trade, Information and Broadcasting, and the Meity secretary, comprise the seven-member inter-ministerial task force, which was formed in May.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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